Galloway Capital Partners announced that it has acquired a 6.01% stake in Noodles & Company. Galloway Capital said that Noodles’ shares are materially undervalued and that management and the board should take decisive steps to enhance shareholder value through accelerated asset sales, debt reduction, and the restoration of a sustainable capital structure.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NDLS:
