Noodles & Co Shares Rise After Galloway Capital Partners Discloses 6% Stake

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Noodles & Co (NDLS) shares were up 4% in recent Monday trading after Galloway Capital Partners disclosed a 6% stake in the restaurant chain in a regulatory filing.

As of Dec. 1, Galloway Capital Partners beneficially owned a total of about 2.8 million common shares of the company, according to a schedule 13D filed with the US Securities and Exchange Commission.

Trading volume reached about 516,000 shares against a daily average of roughly 843,000.

Price: 0.73, Change: +0.03, Percent Change: +4.02

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