Why Jack in the Box Stock Popped on Tuesday
Jack in the Box(JACK) The Motley Fool·2024-05-15 00:18
Relatively strong profits were a bright spot in an otherwise dull report.Shares of fast-food company Jack in the Box (JACK 2.26%) popped on Tuesday after the company reported financial results for its fiscal second quarter of 2024. As of 11:30 a.m. ET, Jack in the Box stock was up 5%, but it had been up about 10% earlier in the day.Here's why the stock is giving back some gainsThe fiscal second quarter for Jack in the Box ended on April 14. And after looking at the numbers, I'm not surprised to see the stoc ...