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Burger King seen losing market share to rivals

  • Restaurant Brands International (NYSE:QSR) is down 1.9% in morning trader to lag all restaurants stocks except for Chipotle which is reeling from an E. coli outbreak.
  • A RBC Capital note in which it mentioned some market share loss for the Burger King chain may be factoring in. QSR was lowered to Sector Perform by RBC as it cited traffic gains by Wendy's and McDonald's.
  • Previously: Wendy's upgraded by RBC Capital with traffic on the rise (Nov. 02 2015)

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