The Dow rose 140 last Monday, was down 330 on Tuesday, up 260 on Thursday, and down 250 on Friday (before a late-day save and finishing down 145). This morning, the Dow is up by nearly 100. There are numerous reasons for the loss of market memory, not the least of which are wild moves by global central bankers and […]
REUTERS/Kai Pfaffenbach
Shares in fire-roasted chicken chain El Pollo Loco have climbed 43% since its market debut Friday.
BI’s Hayley Peterson has explained why some investors believe Loco, based out of Costa Mesa, California, could be the next Chipotle: It’s same-store sales growth rate actually surpassed that of the burrito chain, and customers appreciate their large portion sizes.But Tuesday, shares were down […]
