by InteractiveAdvisors
by InteractiveAdvisors

AUTHOR

Mick Weinstein
Mick Weinstein
Mick is the Head of Editorial for Covestor, a financial journalist and online content specialist. Prior to joining Covestor, Mick was for five years the Editor in Chief and VP Content at stock market analysis website Seeking Alpha, where he built the editorial function as the site attracted over 3.5 million unique monthly visitors and developed an innovative platform for intelligent stock market discussion. Mick is a graduate of the University of Michigan, Ann Arbor.

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What to do when one of your stocks gets a takeout offer

When one of your stocks gets a takeout offer, it’s natural to wonder what to do next. In the case of Ruth’s Hospitality Group, the company received a merger agreement from Darden Restaurants, which would acquire Ruth’s shares at $21.50 per share. As an investor, you need to consider the potential outcomes and make a decision based on your investment goals and risk tolerance.