Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is Dine Brands Stock a Buy?

TheMotleyFool

0 0

Restaurant brand manager Dine Brands (NYSE: DIN) is having an interesting 2020, to say the least. The company announced a CEO transition in May, near the peak of the COVID-19 crisis. It took five months to find a replacement for Stephen Joyce, who guided the company through a fairly successful turnaround over the last three years. Now that the corner-office handoff is ready for completion on Jan. 4, the parent company of IHOP and Applebee's is struggling again.

The stock is trading at a discount, 38% below its 52-week highs. Is this a good time to bet on another turnaround under new management?

Image source: Getty Images.

Source Fool.com

Like: 0

DIN

Share