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Stock impact report

Why Shake Shack, Wendy's, and Yum! Brands Stocks Popped Today [The Motley Fool]

Shake Shack, Inc. Class A (SHAK) 
Last shake shack, inc. class a earnings: 2/24 04:05 pm Check Earnings Report
Company Research Source: The Motley Fool
What happenedShares of fast-foodrestaurant stocksShake Shack(NYSE:SHAKWendy'sNASDAQ:WENYum! BrandsNYSE:YUMAs of : p.m. EDT, Shake Shack shares remained up 0.%, Wendy's was looking nearly as strong with a 9.% gain, and Yum! was looking pretty appetizing as well -- up %.Restaurant stocks went up today. But could they be heading back down? Image source: Getty Images.So whatLate yesterday, Dr. Anthony Fauci, director of the U.S. National Institute of Allergy and Infectious Diseases, predicted that "by the time we get to the fall ... we will have this [pandemic] under control ... no absolute prediction, but I think we're going to be in good shape." This prediction, combined with similarlyupbeat commentaryIn fact, it may be theonlyplummeted % at the fast-food giantNow whatSo is the rally in restaurant stocks justified, in light of McDonald's worrying news, and its even more worrisome guidance retraction?I think it may not be. Consider that while Yum! stock doesn't look too overvalued today Show less Read more
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