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Barchart
Barchart
Will Ashworth

The Pros and Cons of Biting Into This Struggling Restaurant Stock

It’s Wednesday. That means I’m talking about stocks hitting 52-week highs and lows. Yesterday, 77 Nasdaq stocks hit 52-week highs while 75 hit 52-week lows. On New York, 57 hit 52-week highs and 2o hit 52-week lows.

One of the names on the Nasdaq hitting a new 52-week low that caught my eye is Portillo’s (PTLO), the Chicago-based fast-casual restaurant serving local food favorites such as Chicago-style hot dogs and other tasty treats. 

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