Why Zoe's Kitchen Inc Stock Popped Today
Shares of Zoe's Kitchen Inc (NYSE: ZOES) were surging today after the company reported third-quarter earnings. Though the results were essentially in line with analyst estimates, the stock jumped on what may have been a relief rally as shares had fallen by more than 50% this year before today. The stock also got an upgrade to buy from Jefferies.
The stock was up 14.4% as of 11:30 a.m. EST.
Image source: Zoe's Kitchen.
Source: Fool.com
