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Stock Market & Financial Investment News

News Breaks
February 20, 2013
15:07 EDTRRGBRed Robin short-squeeze abates, levels to watch
Shares are now nearly all the way back to yesterday's gap high in price at $39.76. The reversal is not atypical for short-squeezes, which tend to abate as shorts cover. Yesterday's extreme volume spike appears to have eased the pressure on supply and demand in a low float stock. Resistance is at $41.55.
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July 15, 2014
08:32 EDTRRGBRed Robin completes acquisition of 32 franchised restaurants for $40M
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