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Why Chuy's Holdings Stock Rose 32% Last Month

TheMotleyFool

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Why Chuy's Holdings Stock Rose 32% Last MonthPhoto, wide shot, wide-angle lens, Restaurant, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/6d1f34ee-79e7-4628-b30f-0a4597808d61.png

Shares of Chuy's Holdings (NASDAQ: CHUY) rose last month even as there was little news out on the Tex-Mex restaurant chain. An analyst upgrade and hopes for a generous stimulus package seemed to be enough to lift the stock 32%, according to data from S&P Global Market Intelligence.

As you can see from the chart below, the stock rose steadily over the course of the month.