'Someone's got to pay': This restaurant group chairman slammed California's minimum wage hike to $20 an hour for fast food workers and warned 'prices are going to go up' [Yahoo! Finance]
FAT Brands Inc. - Class B (FATBB)
Company Research
Source: Yahoo! Finance
Andrew Wiederhorn, chairman and founder of restaurant operator FAT Brands, suggests that consumers should brace for higher costs while dining out when there are minimum wage increases. Don't miss Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in. Here's how even ordinary investors can become the landlord of Walmart, Whole Foods or Kroger Inflation is still white-hot in 2024 — use these 3 'real assets' to protect your wealth today , no matter what the US Fed does or says Anything can happen in 2024. Try these 5 easy money hacks to help you make and save thousands of dollars in the new year (they will only take seconds) In an interview with Fox Business, Wiederhorn discussed the implications of the minimum wage increase to $20 an hour for fast food workers in California set to take effect in April. He said that the financial burden of this wage hike would ultimately fall on customers. “Someone's got to pay for it and the
Show less
Read more
Impact Snapshot
Event Time:
FATBB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FATBB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FATBB alerts
High impacting FAT Brands Inc. - Class B news events
Weekly update
A roundup of the hottest topics
FATBB
News
- FAT Brands First Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- FAT Brands' (NASDAQ:FAT) Dividend Will Be $0.14 [Yahoo! Finance]Yahoo! Finance
- Fat Brands (FAT) to Introduce 40 New Co-Branded Locations [Yahoo! Finance]Yahoo! Finance
- FAT Brands (FAT) Inks Deal to Expand Fazoli's Reach in Canada [Yahoo! Finance]Yahoo! Finance
- California food chains laying off workers ahead of new minimum wage law [FOX Business Network]FOX Business Network