NEW YORK Restaurant stocks continued a December rally into the New Year despite gloomy economic news that included an all-time low in consumer confidence readings and another large drop in home values. The NRN Stock Index rose 10.4 percent in December, following declines of 10.3 percent in October and 5.1 percent in November. The NRN Index, which is market-cap weighted and includes all 61 publicly traded restaurant companies, still fell 18.4 percent for the year. The ...
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Contact: Desiree Torres Desiree.Torres@penton.com