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An activist investor reportedly wants Cheesecake Factory to split up. Analysts say it doesn’t need to.
Shares of Cheesecake Factory Inc. got a lift after hours on Monday after the Wall Street Journal reported that an activist investor is pressing the casual-dining chain to spin off a handful of its smaller restaurant concepts.
Cheesecake Factory Stock Rises on Report Activist Urges Chain To Break Up
JCP Investment Management, an activist investor, reportedly has built a stake in The Cheesecake Factory and is pushing for the restaurant chain to break up.
Houston investor and Pappas family member reportedly wants to shake up the Cheesecake Factory
An activist investor and son of a co-founder of Pappas Restaurants is reportedly calling for change at the Cheesecake Factory. James Pappas' JCP Investment Management has acquired about 2% of the California-based restaurant chain,
Activist investor urges Cheesecake Factory to explore a potential split, WSJ reports
Houston-based activist investor JCP Investment Management is urging Cheesecake Factory to explore the possibility of creating a separate public company by spinning off three of its smaller brands, according to a report by the Wall Street Journal on Monday.
Cheesecake Factory gains after report activist pushing for breakup
Cheesecake Factory stock rises 5% in after-hours trading as activist investor pushes for spin-off of smaller brands.
Cheesecake Factory Stock Gains After Journal Report on Activist Stake
Shares of Cheesecake Factory (CAKE) rose more than 3% in premarket trading after The Wall Street Journal reported that an activist investor is urging the restaurant operator to consider a breakup. Rea
Cheesecake Factory up 3% at $43.78 after WSJ report of JCP Investments stake
EDT Cheesecake Factory (CAKE) up 3% at $43.78 after WSJ report of JCP Investments stake Published first on TheFly – the ultimate
Wall Street Breakfast Podcast: Cheesecake Factory Jumps After Activist Calls For Split
Cheesecake Factory gains after report activist pushing for breakup. Lilly sues companies selling compounded Zepbound, Mounjaro. Biden, Harris propose free OTC contraception under ACA.
Cheesecake Factory Shares Rise After WSJ Report of Activist Investor Stake
Shares of Cheesecake Factory rose after The Wall Street Journal reported an activist investor has built a position in the restaurant operator and is urging it to spin off three of its smaller brands.
Houston investor wants Sam Fox restaurants spun out of Cheesecake Factory, report says
A Houston-based activist investor wants to break up The Cheesecake Factory to spin out three restaurants it acquired in 2019.
15m
Cheesecake Factory price target raised to $36 from $32 at UBS
UBS raised the firm’s price target on Cheesecake Factory (CAKE) to $36 from $32 and keeps a Sell rating on the shares. The firm expects ...
Tasting Table on MSN
4d
The Too-Sweet Cheesecake Slice You Should Never Order At The Cheesecake Factory
It's hard to go wrong when ordering a slice of cheesecake at the Cheesecake Factory - and most of the time, you won't.
9h
Wedbush Reaffirms Outperform Rating for Cheesecake Factory (NASDAQ:CAKE)
Wedbush reiterated their outperform rating on shares of Cheesecake Factory (NASDAQ:CAKE – Free Report) in a research report ...
2d
Cheesecake Factory price target raised to $47 from $45 at BofA
BofA analyst Katherine Griffin raised the firm’s price target on Cheesecake Factory (CAKE) to $47 from $45 and keeps a Neutral rating on ...
2d
Copycat Cheesecake Factory Louisiana Chicken Pasta Recipe
Enjoy a Cheesecake Factory dinner in your own kitchen with this copycat Louisiana chicken pasta recipe, where crispy, breaded ...
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