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Cracker Barrel Jumps Into A Short Squeeze After Overperforming Earnings
Key takeaways
- Cracker Barrel stock is up about 12% ahead of Wednesday's open.
- Shares of Cracker Barrel Old Country Store (CBRL) soared 10% ahead of Wednesday's open, amid analyst price target hikes.
Cracker Barrel stock is up about 12% ahead of Wednesday's open. (Eric Glenn/Shutterstock)
Shares of Cracker Barrel Old Country Store (CBRL) soared 10% ahead of Wednesday's open, amid analyst price target hikes. An upgrade to overweight from UBS pointed out that the shares were heavily shorted. Shares of Cracker Barrel had already advanced about 8% on Monday and Tuesday, setting the stock up for almost 20% gains for the week, according to Market Surge.…
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