How Bloomin' Brands Stock Lost 24.8% Last Month
Bloomin' Brands stock lost nearly a quarter of its value in three sharp stages. Here is what hit the shares and what to watch next.
Overview
If September had a mascot for Bloomin' Brands (NASDAQ:BLMN), it would be a wilted Bloomin' Onion. Shares of the Outback Steakhouse parent fell 24.8% in September 2026, according to data from S&P Global Market Intelligence.
The slide came in three stages: a grind lower in the second week, a one-day plunge in mid-month, and a gap down in the final full week. Each had a different trigger, but the common thread was worry about how long casual diners would keep coming to the restaurant.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.