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Restaurant Group – excitable announcement but real life (and its shares) remains tricky

By Chris Bailey | Tuesday 12 July 2022

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

It is over two years since I wrote about Restaurant Group (RTN) back in June 2020 HERE but despite the world of deep COVID-19 challenges for any restaurant company having improved, the company’s shares are still down over a third since then. And, if you are a fan of the company, don’t even think about the mere 80% share price fall over the last five years. Good job I have never rated it. What is getting the company all excited earlier today?

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