Less Than Two Hours Before The NASDAQ Open, FAT Brands Is Down By 7%

(VIANEWS) – The NASDAQ opens in less than two hours and FAT Brands‘s pre-market value is already 7.19% down.

FAT Brands’s last close was $6.69, 41.83% below its 52-week high of $11.50.

The last session, NASDAQ finished with FAT Brands (FAT) jumping 1.13% to $6.69. NASDAQ rose 1.67% to $11,584.55, following the last session’s upward trend on what was an all-around positive trend exchanging session.

About FAT Brands

FAT Brands Inc., a multi-brand franchising company, acquires, develops, and manages quick service, fast casual, casual dining, and polished casual dining restaurant concepts worldwide. As of October 5, 2022, it owned seventeen restaurant brands, including Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli's, Twin Peaks, Great American Cookies, Hot Dog on a Stick, Buffalo's Cafe and Buffalo's Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean, and Ponderosa Steakhouse/Bonanza Steakhouse, as well as franchises and owns approximately 2,300 locations. The company was incorporated in 2017 and is headquartered in Beverly Hills, California. FAT Brands Inc. operates as a subsidiary of Fog Cutter Holdings, LLC.

Earnings Per Share

As for profitability, FAT Brands has a trailing twelve months EPS of $-1.01.

Yearly Top and Bottom Value

FAT Brands’s stock is valued at $6.69 at 08:26 EST, way below its 52-week high of $11.50 and way higher than its 52-week low of $4.73.

Revenue Growth

Year-on-year quarterly revenue growth grew by 246.8%, now sitting on 377.6M for the twelve trailing months.

More news about FAT Brands (FAT).

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