Beazer Homes Stock Soars 30% on $704 Million Bid From Dream Finders Homes

Shares of the Atlanta-based homebuilder rose 30% to $24.45, putting Beazer on pace for the largest single-day percentage jump since March 2009, according to Dow Jones Market Data. Dream Finders first moved to acquire Beazer in February. If successful, the transaction will create the seventh-largest U.S. home builder and increase domestic housing supply, Dream Finders said.