Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Wall Street Compares Cava to Chipotle. Here's What They're Getting Wrong.


In 2013, investors were going crazy for Chipotle Mexican Grill's (NYSE: CMG) stock. Share prices jumped 79% over the year as the market cheered the company's record-high revenue and profits. This fueled a ravenous appetite for new investment opportunities in the restaurant space, motivating Noodles & Company and Potbelly to both have initial public offerings (IPO) that year. 

Shares of both Noodles & Company and Potbelly more than doubled in their first days of trading and were compared to red-hot Chipotle by Wall Street. But those investments haven't panned out. Both stocks are down significantly from their 2013 highs.

PBPB Chart

Continue reading


Source Fool.com

Noodles & Corp. A Stock

€1.91
0.530%
Noodles & Corp. A gained 0.530% compared to yesterday.

Like: 0
Share

Comments