Let's look at the charts and indicators.
The big charge Cracker Barrel just took to write down its stake in the small Denver-based chain could spur another proxy fight with Biglari Holdings.
I have consistently underestimated the power of the rally in CMG.
The shares of the casual dining restaurant have rebounded nicely after a huge plunge, but how it will fare as forced shutdowns ease is uncertain.
DPZ, up 23% year-to-date, is one of just four restaurant names in positive return territory for the year.
WING shares have nearly tripled in the past two months.
This is a chain of restaurants that truly seems to have its act together.
DENN may have seen the worst but that does not make it a buy.
The sandwich shop chain's same-store sales had been perking up a bit before the coronavirus hit, but that momentum shifted quickly.
I wonder which chains may not survive this crisis without having to file for bankruptcy, and whether the crisis will alter the future of company capital structures.