Why Domino's Pizza Stock Delivered Today
Shareholders of Domino's Pizza (NASDAQ: DPZ) have some extra cash to order a loaded extra-large pie tonight. The stock spiked more than 10% higher Thursday morning. At 12:10 p.m. ET today, it was still up by 6.4%.
The move likely came thanks to an earnings report. But it wasn't the one from Domino's itself. The pizza chain will report its fourth-quarter earnings on Monday, Feb. 24. But a peer, casual dining company Brinker International -- owner of Chili's and Maggiano's Little Italy -- boosted the optimism of Domino's watchers after its quarterly report yesterday.
Source Fool.com
