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Why Bloomin' Brands Stock Surged Today

TheMotleyFool

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Shares of Bloomin' Brands (NASDAQ: BLMN) were moving higher today after the parent of Outback Steakhouse posted better-than-expected results in its third-quarter earnings report and said it would explore strategic options, including a sale of the company.

As a result, the stock finished today's session up 11.1%.

Image source: Outback Steakhouse.

Source Fool.com

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