Market Overview

Investors Flock Out Of Red Robin Gourmet Burgers


Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) shares are trading lower by $9.30 (15 percent) $52.69 in Tuesday's session. Despite an EPS beat of $0.16, the Street is focusing on is revenue shortfall of $13 million.

After lower open, it managed a brief rally to $57.12 before continuing lower. The ensuing decline has taken it to $52.14 and is trading close to that level.

This marks the lowest level for this issue since it bottomed on October 28, 2014, at $51.20.

Posted-In: Technicals Intraday Update Movers Trading Ideas


Related Articles (RRGB)

View Comments and Join the Discussion!

Bankrate Survey Point Out 42 Million People Regret For Not Saving For Retirement

American Homes 4 Rent Prices 6.5% Series D Preferred Share Offering