Small But Savage: 10 Stocks Delivering Outsized Gains

2. Alexander & Baldwin, Inc. (NYSE:ALEX)

Alexander & Baldwin bounced back on Tuesday to hit a new three-year high as investors repositioned portfolios following news that it is set to be taken private for $2.3 billion.

Following six straight days of losses, the stock climbed to its highest price of $20.97 at intra-day trading before trimming gains to end the day just up by 37.71 percent at $20.85 apiece.

This followed an announcement from Alexander & Baldwin, Inc. (NYSE:ALEX) that it signed a definitive merger agreement with a joint venture company formed by MW Group and funds affiliated with Blackstone Real Estate and DivcoWest, for the acquisition of all its outstanding common shares at a price of $21.20 apiece, including debt.

The acquisition price represented a 40 percent upside potential from its closing price on December 8.

The transaction is expected to close in the first quarter of 2026, subject to customary closing conditions, including shareholder approval.

“We’re pleased to reach this agreement which delivers significant, immediate and certain value to our shareholders while strengthening A&B’s ability to serve the diverse needs of communities across Hawai’i,” said Alexander & Baldwin, Inc. (NYSE:ALEX) Chairman of the Board Eric Yeaman.

“The Board is confident that [this] news is in the best interests of all of A&B’s stakeholders. It delivers a substantial cash premium for shareholders and long-term benefits for our valued employees, tenants and communities,” he added.

In other news, Alexander & Baldwin, Inc. (NYSE:ALEX) also declared $0.35 worth of dividends to all common shareholders on record as of December 19, 2025. The dividends are payable on January 8, 2026.