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

From other sites
Comments (1)
  • kgerickson
    , contributor
    Comments (446) | Send Message
     
    No shares to short at IB.
    25 Aug 2014, 01:40 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs