El Pollo Loco (LOCO) stock experienced a significant surge today due to an acquisition offer made by Biglari Capital. The fast-food chain's shares rose by 15.3% in the morning session as reports indicated that LOCO was considering the proposal, hinting at a potential deal. Notably, Biglari Capital already owned about 15% of LOCO's shares, establishing itself as a key stakeholder with a strong interest in the company's future.

By the end of the day, the shares closed at $10.16, marking a 9.5% increase from the previous close.

The stock's price movement today, with such a sizable increase, suggests a notable impact on the market's perception of El Pollo Loco. Historically, the company has experienced minimal volatility, with only nine movements exceeding 5% in the past year. The last significant movement occurred approximately 11 months ago, when the stock surged by 35.3% following a robust first-quarter performance in 2024 that surpassed analysts' expectations in various key metrics.

Despite a decline of 8.6% since the beginning of the year, El Pollo Loco's current share price of $10.43 positions it 24.7% lower than its 52-week high of $13.86 from August 2024. Investors who bought $1,000 worth of the company's shares five years ago would now see their investment valued at $1,134.

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