Restaurant securities analysts, who generally have been bullish on most restaurant stocks through most of 2011, began to pull back their projections as a result of the stock market’s recent volatility. Restaurant stocks, often a group that is first in and first out of troubled waters, rode the general market waves up and down this week. The deep stock price dives harkened back to 2008 levels, when the market and economy first entered what is now known as the Great Recession. The ...
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Contact: Desiree Torres Desiree.Torres@penton.com