The Market Has Punished Sweetgreen -- Is That Your Buying Opportunity?
The restaurant chain is adapting to shifting consumer needs.
Overview
Wall Street has not been kind to Sweetgreen (NYSE: SG). Shares of the restaurant chain have fared poorly over the past year. The stock is down nearly 40% in the last 12 months as of June 26.
Despite that, it's showing signs of a recovery. Year to date, shares have rebounded 35% through June 26. Even so, the stock remains well below the 52-week high of $16.70 reached last July.
Details
So does it make sense to buy shares now? Answering that question requires digging deeper into the company.
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.