Alert: Major Price Decline (12/16/24)-Ark Restaurants Corp. (NASDAQ: ARKR).

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On 12/16/24, Ark Restaurants Corp. (NASDAQ: ARKR) stock suffered a major decline of -10.9%, closing at $12.01. However, unusually low trading volume at 56% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -21.4% during the last week.

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Current PriceTarget Research Rating

Ark Restaurants has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Ark Restaurants has a slightly negative Appreciation Score of 39 and a poor Power Rating of 22, resulting in the Lowest Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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