Buffalo Wild Clipped By Soaring Wing Cost Fears

Sports bar chain Buffalo Wild Wings (BWLD) slipped Monday after Raymond James downgraded it to underperform from market perform over high valuations and worries about higher wing prices. Shares fell 3% to 87.95 in early-afternoon trading. It touched an all-time high of 94.76 a week ago. The wings joint has been plagued by unusually high wing wholesale prices this year. Demand traditionally peaks around the Super Bowl in February and the college
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Trading Ideas
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!