MARYVILLE Tenn. Shares of Ruby Tuesday Inc., the casual-dining operator, rose more than 25 percent in trading Thursday on fiscal 2009 guidance that topped Wall Street expectations. Expectations for an improved year came on the heels of a 43-percent plunge in fiscal 2008 fourth-quarter profit on continued slowed sales at the struggling chain. The stock price surge was a large one-day gain for the company, which has lost about 42 percent of its stock value this year. Its 52-week high of ...
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Contact: Desiree Torres Desiree.Torres@penton.com