Domino's Could Serve Up an Entry
Late last year, pizza restaurants were some of the best price-gainers around, and the surge in Papa John's (PZZA) Wednesday reminded me of those days. The pizza chain's shares zoomed nearly 8% at the opening, but retraced much of that move, finishing with a gain of 1.3% on the session at $51.65.
Thursday's session peak of $56.41 was also an all-time high. Papa John's raised its full-year guidance and reported strong same-store sales in the second quarter. The stock's intraday pullback was roughly in tandem with the same action in the wider market....479 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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