Sweetgreen, Inc. (SG) Soars 7.9%: Is Further Upside Left in the Stock?
Sweetgreen(SG) Zacks Investment Research·2024-03-14 21:51
Sweetgreen, Inc. (SG) shares rallied 7.9% in the last trading session to close at $21.37. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 67.8% gain over the past four weeks.Sweetgreen’s rally is buoyed by optimism regarding the company’s strength in menu innovation, supply chain advancements and cutting-edge technology integration. Also, emphasis on strategic initiatives aimed at increasing traffic to drive ...