Rocket ride of Burger King Worldwide stirs up some doubters

Shares of Burger King Worldwide (NYSE:BKW) are still on an uphill climb, up 24.9% to $33.89 on volume 3000X normal trading activity.

The rally looks outsized to some restaurant analysts who think fundamentals and synergies don't support the elevated share price. Plans for financial engineering and tax benefits could hit potholes down the road, they warn.

There's also the chance that a bidding war could erupt for Tim Hortons and force Burger King to dig deeper, notes SA contributor Stock Traders Daily.

BKW-THI timeline

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Comments (1)
  • kgerickson
    , contributor
    Comments (467) | Send Message
    No shares to short at IB.
    25 Aug 2014, 01:40 PM Reply Like
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