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.

Why Cracker Barrel's Stock Popped Today

TheMotleyFool

0 0

Well, that was fast.

Just one week after revealing a new logo that was nearly universally panned, Cracker Barrel Old Country Store (NASDAQ: CBRL) announced on Tuesday that it was scrapping its plans to change the logo. On Wednesday, the company's shares -- which had tumbled more than 10% after the new logo was revealed -- had rebounded by 8.0% by the time the closing bell rang.

For investors who bought the dip, it's a pretty good outcome. But is it too late for everyone else to buy in?

Source Fool.com

Like: 0

CBRL

Share