B. Riley’s stock rallies 26% after founder offers to buy rest of troubled bank for $7 a share

Date:

August 16, 2024

B. Riley Financial Inc.’s stock rallied 26% on Friday after Bryant R. Riley, the founder, chairman, co-chief executive and largest shareholder of the troubled investment bank, made an offer to buy the stock he doesn’t already own for $7 a share.

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Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

B. Riley’s stock rallies 26% after founder offers to buy rest of troubled bank for $7 a share

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