|Day Low/High||7.67 / 7.83|
|52 Wk Low/High||5.85 / 13.50|
Small-cap restaurant chains in particular are down for the year to date despite some recent upticks.
Apart from big chains, very few restaurant companies have done well.
Some of the big names are doing well, but it has been a struggle for many others, include Ruby Tuesday.
It may be a second-tier brand, but it is still a profitable one that also happens to be asset-rich.
Diamond Resorts shares jump on acquisition news, while Southwestern Energy declines on a large stock offering.
Eatery's shares have shed some 15% this week, but could fall more.
If down is up, maybe that would explain why restaurants are doing so well.
Jim Cramer, portfolio manager of TheStreet’s Action Alerts PLUS and host of CNBC’s ‘Mad Money,’ talked about how to play defense in a down market on Friday.
There are worrisome signs to this short-term buying spree.
Bojangles is the latest restaurant to come public, and it did not play a game of chicken when it came to its first day of trading on the Nasdaq.
The first installment of my list includes biotech, Internet and insurance.
Recent public debuts in the sector have had big pops and then faded fast.