Papa Johns Stock Surges 326.59% in Trading Volume Ranking 320th as Private Takeover Rumors Spark Investor Interest

On June 11, 2025, Papa John's (PZZA) saw a significant surge in trading volume, with a total turnover of $32.7 million, marking a 326.59% increase from the previous day. This substantial rise in trading activity placed PZZA at the 320th position in the day's stock market rankings. The stock price of PZZA also increased by 7.45%.

The surge in Papa John's stock price can be attributed to the news that the pizza chain might be taken private. This development has sparked considerable interest and speculation among investors, leading to a notable increase in trading activity.

Apollo Global Management and Irth Capital Management have made a joint bid to acquire Papa John's, valuing the company at approximately $2 billion. This bid represents a significant step-up from previous valuations and has reignited merger and acquisition (M&A) chatter around the company. The reported offer values Papa John's near $2 billion, which is a material increase from the roughly $1.4 billion valuation referenced in prior rumors.

The potential go-private deal has led to increased speculation and optimism among investors, with some analysts suggesting that deal speculation may have supported recent momentum in the stock. This development has also contributed to the year-to-date performance of Papa John's shares, which are up about 26% so far this year.