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Why The Chefs' Warehouse Stock Was Going Up on Wednesday

TheMotleyFool

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Why The Chefs' Warehouse Stock Was Going Up on Wednesday

Shares of The Chefs' Warehouse (NASDAQ: CHEF) were headed higher on Wednesday, at one point trading 12% higher. As of 11:45 a.m. EDT, shares had given a little back, but were still up 7% for the session.

Having more than quadrupled in value since March lows, The Chefs' Warehouse stock is garnering attention from traders, and their optimism may be the only thing explaining today's move.

Image source: Getty Images.

Source Fool.com

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