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Popeyes Louisiana Kitchen (PLKI) Jumps: Stock Rises 5.2%

Popeyes Louisiana Kitchen, Inc.PLKI was a big mover last session, as the company saw its shares rise above 5% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $51.68-$54.75 in the past one-month time frame.

In the last 30 days, the company has seen two downward estimate revisions and the Zacks Consensus Estimate also moved lower, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

Popeyes Louisiana Kitchen currently carries a Zacks Rank #4 (Sell).

A better-ranked Retail-Restaurant stock is Famous Dave's of America Inc. DAVE , which sports a Zacks Rank #1 (Strong Buy).

Is PLKI going up? Or down? Predict to see what others think: Up or Down

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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