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Red Robin (RRGB) Catches Eye: Stock Adds 23.1% in Session

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Red Robin Gourmet Burgers, Inc. (RRGB - Free Report) was a big mover last session, as its shares rose over 23% on the day. The move came after the company posted better-than-expected first-quarter 2017 results. This also led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 24% in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Red Robin currently carries a Zacks Rank #2 (Buy).

Another top ranked stock from the Retail - Restaurants space is Diversified Restaurant Holdings, Inc. , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
    
Is RRGB going up? Or down? Predict to see what others think: Up or Down

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