Restaurants Cool Off (PNRA, CMG, PFCB, CAKE)

Restaurant stocks are showing some relative weakness today after outperforming the broader market during the last three months. Shares of Chipotle Mexican Grill

are down $10.27, or 4.09%, to $240.69. Shares of Panera Bread

are down $2.13, or 2.04%, to $102.34. Shares of P.F. Chang's China Bistro

are down $1.14, or 2.21%, to $50.42. Shares of the Cheesecake Factory

are lower by 22 cents, or 0.67%, to $32.48. These stocks have had an incredible three months. Chipotle is up 47% during that span while Panera is higher by 20.30%, so a pullback is not unexpected.