EAT - Restaurant stocks recover yesterday's losses potential good LT buy opportunity

10'000 Hours/DigitalVision via Getty Images Dine-in stocks like Red Robin ([[RRGB]] +8.5%), Brinker International ([[EAT]] +5.6%), Chuy's Holdings ([[CHUY]] +5.3%), Bloomin Brands ([[BLMN]] +4.5%), Dave & Buster's Entertainment ([[PLAY]] +4.9%), The Cheesecake Factory ([[CAKE]] +4.9%), Texas Roadhouse ([[TXRH]] +4.2%), BJ's Restaurants ([[BJRI]] +4.3%), Darden Restaurants ([[DRI]] +4.1%), and Denny's Corporation ([[DENN]] +4.4%) have rallied and recovered their losses after falling yesterday. Dine-in stocks are generally down over the past week as concerns arose about dining industry restrictions resulting from the COVID-19 Delta variant. Investors appear to think that yesterday's downturn was an overreaction to these fears. Wells Fargo analysts commented that the industry downturn may create a good long-term buy opportunity. Previously: Peloton Interactive stock pops and Planet Fitness falls in gym-off redux trade.

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Restaurant stocks recover yesterday's losses, potential good LT buy opportunity