Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Lawsuit over Burger King's Whopper ads set back by U.S. judge [BNN Bloomberg (Canada)]

Restaurant Brands International Inc. Common Shares (QSR) 
Last restaurant brands international inc. common shares earnings: 5/1 06:30 am Check Earnings Report
US:NYSE Investor Relations: rbi.com/investor-home
Company Research Source: BNN Bloomberg
The lawsuit by 19 customers in 13 U.S. states accused Burger King of misleadingly and materially inflating the size of nearly all menu items online and on in-store ordering boards. These included Whoppers whose burgers allegedly appeared to “overflow” the buns and be 35% larger than they are, with more than double the meat. But in a decision on Tuesday, U.S. District Judge Roy Altman in Miami said the state consumer protection laws underlying the lawsuit had many differences. He also said individualized claims would predominate because the plaintiffs bought burgers in an “almost-infinite variety” of shapes and sizes. “It may be that every single one of those burgers was smaller than every single menu-board item Burger King has ever produced. But that's not the point,” Altman said. “Each putative class member will have seen a particular photo and received a specific burger.” The judge also said Burger King's prices have “undoubtedly waxed and waned” since April 1, 2018, the st Show less Read more
Impact Snapshot
Event Time:
QSR
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
Opt-in for QSR alerts
Opt-in for
QSR alerts

from News Quantified
Opt-in for
QSR alerts

from News Quantified