BRUN is trading 6% up in pre-market at $25.50, with the move appearing to be driven by a recent SEC filing.

  • A Schedule 13G filing on May 21 revealed that Citadel Advisors and its founder Kenneth Griffin have taken a passive stake in the recently-listed company.
  • The disclosure of a significant new position by a major institutional investor appears to be boosting investor sentiment.
  • The stock has seen significant volatility since it began trading on the Nasdaq on May 11.