ORANGE COUNTY
- Share via
Fast-Food Chain’s Stock Posts Big Gain: The price of stock in Carl Karcher Enterprises Inc. leaped 19% Friday to $8.625 a share, but no explanation for the jump was available. The stock price for the Anaheim-based fast-food chain had been “dribbling down” in the last few weeks, and investors may have finally realized that a good buying opportunity existed, said StevenDeLuca, an analyst with Cruttenden & Co. Inc. in Newport Beach. The price jumped $1.375 a share over Thursday’s close. Corporate headquarters was closed Friday, and no one could be reached for comment.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
