Market Currents

Restaurant stocks have lagged the broader market, despite evidence of an improving economy: MCD,...

Wednesday, January 5, 2011, 9:44 AM ET
Restaurant stocks have lagged the broader market, despite evidence of an improving economy: MCD, BJRI, YUM, PFCB, PNRA and EAT all fell at least 1.5% yesterday. Mercenary Trader says consumers are still keeping their wallets closed, and offers charts showing how some of the stocks are “breaking down.” The group is notoriously volatile, Dave Kansas adds.

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youngman442002 Comments (4982)

I would think food costs are skyrocketing..10-25%..... if oil keeps going up..the delivery guys will add "surcharges" to their bills also...and I do not agree with the statement...."despite evidence of an improving economy" 46 million on food stamps....400,000 new unemployed every week...???

5 Jan 2011, 09:58 AM Reply Like

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