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Friday, Sep 9
2011, 9:03 AM
Investors think Americans will dine out less and pick cheaper options, according to performance...
Investors think Americans will dine out less and pick cheaper options, according to performance of stocks in the sector. The Bloomberg Full Service Restaurant Index is off 21% since July 5 led by DRI, CAKE and EAT, a much bigger decline than the Bloomberg Quick Service Restaurant Index with fast-food chain stalwarts like MCD and WEN - only down 5% for the same period.