Raymond James analyst Brian M. Vaccaro thinks most restaurant stocks have strongly outperformed YTD due to a combination of the broader risk-on trade gaining traction and improved industry demand trends in January following softer trends in December.
Gainers
Imago BioSciences, Inc. (NASDAQ: IMGO) shares climbed 104.5% to close at $35.59 on Monday after Merck announced it would acquire the company for $36 per share in cash.
Gainers
Imago BioSciences, Inc. (NASDAQ: IMGO) shares jumped 104% to $35.50 after Merck announced it would acquire the company for $36 per share in cash.