Surgery Partners is trading 7.5% up in pre-market at $14.98 after Jupiter Topco disclosed ownership of 13,882,155 shares, representing a 10.6% stake.
- The position is valued near $233.22 million and appears to be the clearest company-specific catalyst.
- The disclosure follows the August 10 earnings beat, with $848.9 million in revenue and adjusted EPS of $0.10 versus expectations of $0.07.