Driven Brands Holdings Inc. shares rise 1.16% intraday after Rosen Law Firm investigates Designer Brands Inc. for potential securities claims.

Driven Brands Holdings Inc. rose 1.16% intraday, with the company's stock price movement potentially influenced by the announcement of Fort Technology Inc. closing a private placement of convertible debentures for gross proceeds of CAD 5 million. This financial move could be seen as a positive indicator of the company's financial health and strategic investments, aligning with the stock's upward movement.