$SYY

Sysco Corp (SYY) EVP Ronald L. Phillips sold 960 shares at $83.00 each, totaling $79,680, and acquired 960 shares via option exercise at $69.95 each, totaling $67,152. Additional sales included 57 shares at $84.32 and 149 shares at $82.31. Sysco priced a $1B share offering at $81.00 per share, with Guggenheim and UBS maintaining Buy ratings and price targets of $90.00. Sysco halted Mexican iceberg lettuce purchases due to a cyclosporiasis outbreak.

Skyworks Solutions (SWKS) and Qorvo (QRVO) rose 10% and 7% respectively, recovering from prior sell-offs. Axon (AXON) fell 9% after a $1B convertible note sale. Revvity (RVTY) jumped 7% to a 52-week high, citing strong backlog. Dave & Buster's (PLAY) dropped 17% after missing Q2 revenue and EBITDA estimates. Enova (ENVA) tumbled 25% after withdrawing a regulatory application. Sysco (SYY) slid 3% on a 12.3M share offering. Alignment Healthcare (ALHC) fell 18% due to business headwinds. Waystar (W

Sysco Corporation priced a $1 billion share offering at $81.00 per share, with top investors purchasing over 80% of the shares. Proceeds will help finance the acquisition of Jetro Restaurant Depot. The offering is underwritten by Goldman Sachs, TD Bank, Bank of America, JPMorgan, and Wells Fargo.

Dave & Buster's shares fell 17% after Q2 results missed estimates, with revenue at $544.1M vs. $556.8M expected. Enova dropped 15% after withdrawing a regulatory application. Sysco declined 2% on a 12.3M share offering at $81/share. Etsy rose 3% after an Oppenheimer upgrade and $90 price target.

U.S. stock futures fell on Tuesday due to higher Treasury yields, oil prices, and AI concerns. Sysco dropped 1.3% after a $1B stock offering for its Jetro acquisition. Waystar rose 3.3% on potential sale reports. Bitcoin fell 2.9%, affecting crypto-related stocks. Dave & Buster’s fell 11.2% after missing Q2 earnings estimates.

Sysco has priced its stock offering at $81 per share, according to a report. The company's shares have seen a 5-day change of 0.40%, a 1st Jan change of 4.36%, and a 13.37% increase over a longer period. This development may impact investors' decisions regarding Sysco's stock.

Sysco (SYY) priced 12.34M shares at $81 each to fund Jetro Restaurant Depot acquisition, causing a 2.2% after-hours drop. The company offers a 2.6% dividend yield, 3.3% growth, and is 0.9% undervalued per GF Value. Insiders sold more shares than bought, while 20 gurus hold the stock.

Sysco (SYY) priced a public offering of 12,345,679 common shares at $81.00 each, with an expected closing on September 16, 2026. The company may raise an additional $150 million through an underwriter option. Proceeds will fund part of its pending acquisition of Jetro Restaurant Depot. The offering is managed by several banks, including Goldman Sachs and TD Securities.

Sysco (SYY) filed an 8-K with the SEC on September 14, 2026, incorporating merger documents for its deal with Jetro Restaurant Depot. The agreement was signed on March 30, 2026. Sysco's stock trades on the NYSE. GuruFocus estimates its fair value at $84.30, with 20 gurus holding the stock.

Sysco (NYSE: SYY) shares dropped 2.9% after announcing a $1.0 billion common stock offering, with an additional $150 million option for underwriters. The company plans to use proceeds to finance part of its pending acquisition of Jetro Restaurant Depot, which is not contingent on the offering's completion.