Will Traeger be Taken Private?

We’re four years removed from the summer of 2021 when the grill industry was red hot and multiple companies went public. One of those companies was Traeger, who led the charge on pellet grills and has become synonymous with them.

With the crash of the grill industry a year later and now pressure from tariffs and a stretched consumer, it feels like 2021 was a distant memory. As a result, stock prices across the board for grill companies have taken a hit. Traeger’s stock had a high of around $30 shortly after their IPO, and now it sits at under $2.