Papa John's jumps after report of takeover interest

Papa Johns International

11/03/2026 16:53

** Shares of Papa John's PZZA.O jump 19% to $38.78 following a Wall Street Journal report that the pizza company is attracting takeover interest

** PZZA is reviewing a bid from private equity firm Irth Capital Management, which includes backing from Brookfield Asset Management BAM.N, WSJ reported, citing people familiar with the matter

** PZZA is on track for biggest daily pct gain since March 2020 if gains hold

** 18 analysts cover PZZA, giving an average rating of "buy" and median PT of $38, per data compiled by LSEG

** PZZA is up 0.55% YTD including session's move

 (Reporting by Chibuike Oguh in New York)

 ((Email: Chibuike.Oguh@thomsonreuters.com; Phone: +332-219-1834; Reuters Messaging: chibuike.oguh.thomsonreuters.com@reuters.net))