NEW YORK After a spring of relative calm, the stock market was hammered to it worst close in months by surging oil prices and the government’s report of the highest monthly unemployment growth in 22 years. And it dragged most restaurant stocks right along with it. Discretionary sectors like the restaurant industry fared particularly poorly as jittery investors read the rise in unemployment as a prelude to even less consumer spending. The Nation’s Restaurant News Stock ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?
Contact: Desiree Torres Desiree.Torres@penton.com