Why is $RILYP stock up today?

BRC Group Holdings, Inc. Depositary Shares, each representing a 1/1000th fractional interest in a share of Series A Cumulative Perpetual Preferred Stock · Investment Advice

Why is $RILYP up today?

The likely driver

Agrees to Acquire Sangoma Technologies Corporation to Scale Communications Portfolio

BRC Group Holdings, Inc.: Agrees to Acquire Sangoma Technologies Corporation to Scale Communications Portfolio

SEC filing · Oct 1

The numbers behind the move

Days to cover

1.0d

Float

2.8M · Ultra-low

Float rotation

0.0x

Dilution

Active

RILYP: a ultra-low 2.8M-share float, active share dilution on file.

Price

$7.91

Move today

+1.9%

Volume vs avg

0.1x

Scanner alerts today

Flagged in 30 days

Market cap

$312M

Prev close

$7.76

Avg volume

Today’s scanner timeline

9:37 AMUnusual volume (RVOL) alert

Unusual-volume alerts often fire before the news is widely reported. This is when our scanner first flagged RILYP today.

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Other stocks moving today

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Each opens that stock’s own why-is-it-moving page.

Move and volume are based on the latest market data and refresh live on this page. Scanner alerts are our own real-time unusual-volume signals. This is research, not investment advice.