Melissa Kopka
For the most part so far in the Q3 earnings season, winning “bandwagon” stocks have continued their rallies fiercely after releasing earnings, especially on news of a beat-and-raise. The fast-casual salad chain Sweetgreen (NYSE:SG), however, was a notable holdout, with the
Analyst’s Disclosure:I/we have a beneficial long position in the shares of SG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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