RUTH - Weber Blue Apron lead big day for eat-at-home stocks
Weber Inc (NYSE:WEBR) is up 10.13% and traded at a new high of $20.00 earlier in the session. TGPX Holdings I LLC (NYSE:COOK) is 7.05% higher and carved out a new high of $31.83. It is possible that an eat-at-home trade is in play with dine-in restaurant stocks like Dine Brands Global (DIN -5.9%), BJ's Restaurants (BJRI -5.4%), Darden Restaurants (DRI -5.0%), Ruth's Hospitality Group (RUTH -4.3%), Red Robin Gourmet (RRGB -3.1%) and Cheesecake Factory (CAKE -2.4%) all lower. DoorDash (DASH +1.7%) and Blue Apron (APRN +7.9%) are also higher on the day as the two stocks keep up their trend of gaining when COVID-19 anxiety increases. What to watch: SPAC Velocity Acquisition (NASDAQ:VELO) is set to be the next company to make a splashy debut in the grilling sector with an upcoming deal to take online retailer BBQGuys public.
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Weber, Blue Apron lead big day for eat-at-home stocks