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Benzinga
Benzinga
Business
Rishabh Mishra

Why Noodles & Co. Stock Plunged 29% And Then Rallied 8% After Hours

NDLS Madsen

Noodles & Co. (NASDAQ:NDLS) stock surged 8% in after-hours trading on Thursday, as investors seized on optimistic commentary on comparable restaurant sales and a new value strategy from the company’s CEO. The rebound followed a brutal regular session where the stock plummeted over 29% on disappointing quarterly results.

Check NDLS’s stock price here.

What Fueled Optimism Despite A Sharp Fall?

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