NEW YORK Bleaker analyst expectations for restaurant companiesâ€™ third quarter and continued concern over the availability of financing, especially for franchisees, stoked a deep dip in restaurant stock values Monday before the damage was tempered in the late afternoon. Even with the late-day uptick in prices, theÂ NRN Stock Index, which tracks all 63 public restaurant companies, fell 4.94 percent Monday, a larger decline than the broader market indexes and one of the ...
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Contact: Desiree Torres Desiree.Torres@penton.com