Restaurant Stocks Jumped with BKC (Burger King Holdings, Inc., Wendy's Arby's Group Inc., Brinker International, Inc., Darden Restaurants, Inc.)
Restaurant Stocks Jumped with BKC
(EMAILWIRE.COM, September 03, 2010 ) New York, NY -Burger King Holdings, Inc. (NYSE:BKC) soared 25.08% to $23.59 on over 89.98 million shares. The company said Thursday it will be bought by private equity firm 3G Capital for $24 a share, or $4 billion, including the assumption of debt. The deal values the fast food company at a premium over its closing price of $18.86 a share on Wednesday. The deal comes after days of reports that the company would go private.
Over the past 52-weeks, the stock traded within the range of $16.31-$23.60. Today, the stock created its new 52-week high of $23.60.
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Wendy's Arby's Group Inc. (NYSE:WEN) added 6.80% to $4.40 on over 11.46 million shares. Over the past 52-weeks, the stock traded within the range of $3.83-$5.55. The volumes were high today at 11.46 million shares as compared to its daily average volume of 3.72 million shares.
Brinker International, Inc. (NYSE:EAT) jumped 9.32% to $18.18 on over 4.46 million shares. After opening today`s trade at $16.97, the stock traded within the range of $16.67-$18.22. At current market price, the market capitalization of the stock stands at $1.85 billion.
In the past one year of trading sessions, the stock jumped more than 21%.
Darden Restaurants, Inc. (NYSE:DRI) advanced 3.51% to close at $44.22. Today, 2.26 million shares were traded as compared to its daily average volume of 1.66 million shares. At current market price, the market capitalization of the stock stood at $6.22 billion.
Darden Restaurants, Inc. operates full-service restaurant. As of May 30, 2010, the Company operated through subsidiaries 1,824 restaurants in the United States and Canada.
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Over the past 52-weeks, the stock traded within the range of $16.31-$23.60. Today, the stock created its new 52-week high of $23.60.
To sign in for Epic Stock Picks free (stock alerts), please visit http://www.epicstockpicks.com
Wendy's Arby's Group Inc. (NYSE:WEN) added 6.80% to $4.40 on over 11.46 million shares. Over the past 52-weeks, the stock traded within the range of $3.83-$5.55. The volumes were high today at 11.46 million shares as compared to its daily average volume of 3.72 million shares.
Brinker International, Inc. (NYSE:EAT) jumped 9.32% to $18.18 on over 4.46 million shares. After opening today`s trade at $16.97, the stock traded within the range of $16.67-$18.22. At current market price, the market capitalization of the stock stands at $1.85 billion.
In the past one year of trading sessions, the stock jumped more than 21%.
Darden Restaurants, Inc. (NYSE:DRI) advanced 3.51% to close at $44.22. Today, 2.26 million shares were traded as compared to its daily average volume of 1.66 million shares. At current market price, the market capitalization of the stock stood at $6.22 billion.
Darden Restaurants, Inc. operates full-service restaurant. As of May 30, 2010, the Company operated through subsidiaries 1,824 restaurants in the United States and Canada.
ABOUT www.epicstockpicks.com
Epic Stock Picks provides free Penny stock newsletters on various stocks including penny stocks of the day. EpicStockPicks.com team of experts delve into the micro and small-cap world of stocks, including big board pennies, searching for equities that are undervalued, yet show great promise of future growth.
EpicStockPicks.com will not be responsible for or accept any liability for any losses arising from an investor's reliance on or use of information obtained from our website or emails.
www.EpicStockPicks.com does its best to verify, but does not guarantee the topicality, correctness, completeness and quality of information and statements presented on its website and emails. EpicStockPicks.com ‘s company officers are not registered investment advisors and do not recommend to buy, hold, or sell any securities. EpicStockPicks.com simply provides information and ideas to investors as they gather investment information. The onus is on viewers to complete their own due diligence. EpicStockPicks.com viewers should always make their own financial decisions.
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