Alert: Major Price Decline (11/7/24)-Red Robin Gourmet Burgers Inc (NASDAQ: RRGB).

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Red Robin Gourmet Burgers Inc (NASDAQ: RRGB) stock suffered a major decline of -15.0% on 11/7/24. The shares closed at $5.20. Moreover, this decline was accompanied by exceptionally high trading volume at 229% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -13.9% during the last week.

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Current PriceTarget Research Rating

RRGB is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

Red Robin Gourmet Burgers is currently unrated.

Rating Review

The stock is currently unrated.

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