COOK - Barbecue-grille maker Traeger's stock price fizzling out some 20% to a post-IPO low
Popular barbecue-grille maker Traeger (NYSE:COOK) cooled down by nearly 20% to a post-IPO low Tuesday after the company missed analyst expectations for Q3 GAAP earnings per share. COOK sank as much as 19.5% to a $15.85 record intraday low, although shares later recovered to trade 17.6% lower at $16.23 shortly before 4 p.m. ET. Still, a close at around that level would represent the stock’s worst finish since COOK’s July 29 IPO. This is a developing story. Check back for updates.
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Barbecue-grille maker Traeger’s stock price fizzling out some 20% to a post-IPO low