Landry's Restaurants Inc. (LNY) gapped up slightly Monday morning and has since risen sharply higher. Shares are currently up 2.32 at $18.50.
Landry's Restaurants Inc. has been climbing sharply on strong volume since the company entered into a definitive merger agreement on November 3, with a company wholly-owned by Tilman J. Fertitta, Chairman, CEO and President of Landry's. The stock is now trading at its third consecutive new high for the year.
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