Jack in the Box Stock Downgrade
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Business & Economics
Truist Downgrades Jack In the Box Amid Slowing Same Store Sales

74% Informative
The fast food restaurant chain stock has lost more than 49% in market value year to date .
Jack in the Box plunged into a second-quarter net loss of $142.2 million compared to net earnings of $25 million for the second quarter last year .
The company’s same-store sales have lagged behind the burger chain sector for seven consecutive quarters .
VR Score
67
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61
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61
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