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Cheesecake Factory Stock Rises
An activist investor reportedly wants Cheesecake Factory to split up. Analysts say it doesn’t need to.
Shares of Cheesecake Factory Inc. got a lift after hours on Monday after the Wall Street Journal reported that an activist investor is pressing the casual-dining chain to spin off a handful of its smaller restaurant concepts.
Cheesecake Factory Stock Rises on Report Activist Urges Chain To Break Up
JCP Investment Management, an activist investor, reportedly has built a stake in The Cheesecake Factory and is pushing for the restaurant chain to break up.
Cheesecake Factory Stock Gains After Journal Report on Activist Stake
Shares of Cheesecake Factory (CAKE) rose more than 3% in premarket trading after The Wall Street Journal reported that an activist investor is urging the restaurant operator to consider a breakup. Rea
Tasting Table on MSN
2d
The Too-Sweet Cheesecake Slice You Should Never Order At The Cheesecake Factory
It's hard to go wrong when ordering a slice of cheesecake at the Cheesecake Factory - and most of the time, you won't.
GlobalData on MSN
1d
JCP urges Cheesecake to spin off three brands for growth
Activist investor JCP Investment Management has urged Cheesecake Factory to spin off three of its restaurant brands into a ...
10h
Cheesecake Factory price target raised to $47 from $45 at BofA
BofA analyst Katherine Griffin raised the firm’s price target on Cheesecake Factory (CAKE) to $47 from $45 and keeps a Neutral rating on ...
1d
Stocks to Watch Tuesday: Cheesecake Factory, General Motors, 3M
An activist investor has built a position in the restaurant operator and wants it to spin off three of its smaller brands into a [separate public company]( ...
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