Why Red Robin Gourmet Burgers, Inc. Stock Plunged 20.5%

Shares of restaurant Red Robin Gourmet Burgers (NASDAQ: RRGB) were hit hard on Wednesday after the company reported its fiscal first-quarter results. Shares fell as much as 20.5%, but are down about 19% at 11:24 a.m. EDT.Bearishness toward the stock on Wednesday is likely because the company's revenue and adjusted earnings per share for the quarter were below the consensus analyst estimates for the two key metrics.

BING NEWS:
  • Potential Red Robin Gourmet Burgers (RRGB) Trade Targets 6.13% Return
    For a hedged play on Red Robin Gourmet Burgers (RRGB), MarketIntelligenceCenter.com’s option-trade picking algorithms recommend the Sep 21, 2018 $45 covered call for a net debit in the $42.39 area. That is also the break-even stock price for the covered ...
    06/4/2018 - 9:00 pm | View Link
  • Red Robin Gourmet Burgers (RRGB) Trading Near $49.35 Support Level
    For a hedged play on Red Robin Gourmet Burgers (RRGB), MarketIntelligenceCenter.com’s option-trade picking algorithms recommend the Jul 20, 2018 $50 covered call for a net debit in the $47.60 area. That is also the break-even stock price for the covered ...
    05/31/2018 - 9:00 pm | View Link
  • Today’s Research Reports on Stocks to Watch: Target and Red Robin Gourmet Burgers
    Red Robin Gourmet Burgers, Inc. shares were deep in the red on Wednesday, closing the day down a little over 18%. Volume traded at almost 5.2 million shares was significantly higher than the average volume of 270,000 shares the stock ordinarily sees.
    05/24/2018 - 1:06 am | View Link
  • Red Robin Gourmet Burgers (RRGB) Is Sharply Lower After Q1 Miss
    The consensus estimate was for EPS of $0.75. Red Robin Gourmet Burgers gapped open sharply lower Wednesday morning and is now down 9.70 at $48.25. The stock has dropped to over a 5 1/2 month low.
    05/23/2018 - 10:49 am | View Link
  • Why Red Robin Gourmet Burgers, Inc. Stock Plunged 20.5%
    Shares of restaurant Red Robin Gourmet Burgers (NASDAQ: RRGB) were hit hard on Wednesday after the company reported its fiscal first-quarter results. Shares fell as much as 20.5%, but are down about 19% at 11:24 a.m. EDT. Bearishness toward the stock on ...
    05/23/2018 - 4:45 am | View Link
  • More
BING SEARCH:
  • Red Robin Gourmet Burgers and Brews Saddles Up with Cowboy ...
    Red Robin Gourmet Burgers and Brews Saddles Up with Cowboy Ranch Tavern Double and The Grand Brie Burger
    06/16/2018 - 10:50 pm | View Website
  • RRGB Stock Price
    Red Robin Gourmet Burgers Inc. stock price, stock quotes and financial overviews from MarketWatch.
    06/16/2018 - 6:54 pm | View Website
  • Red Robin Gourmet Burgers Inc. Layoffs
    Red Robin Gourmet Burgers Inc. Layoffs: Downsizing related discussion, postings, questions and answers.
    06/16/2018 - 6:51 am | View Website
  • Red Robin Gourmet Burgers, Inc. (RRGB) After Hours Trading
    Red Robin Gourmet Burgers, Inc. (RRGB) After Hours Trading - View free After Hours stock trades at NASDAQ.com
    06/16/2018 - 4:14 am | View Website
  • Kitchen Basics: How To Roast Red Peppers
    Jarred roasted red peppers are one of those things I often don't have on hand when I need them. Can you relate? It's the same story with several other things, which is why I developed
    06/14/2018 - 11:00 pm | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News