FAT Brands (NASDAQ:FATBW) Shares Down 3.1% – Here’s Why

Shares of FAT Brands Inc. (NASDAQ:FATBWGet Free Report) fell 3.1% during mid-day trading on Monday . The company traded as low as $3.08 and last traded at $3.08. 26,087 shares were traded during mid-day trading, an increase of 549% from the average session volume of 4,017 shares. The stock had previously closed at $3.18.

FAT Brands Price Performance

The stock has a 50-day moving average of $2.91 and a 200-day moving average of $2.89.

FAT Brands Company Profile

(Get Free Report)

FAT Brands Inc, a multi-brand restaurant franchising company, acquires, develops, markets, and manages quick service, fast casual, casual dining, and polished casual dining restaurant concepts worldwide. It owns restaurant brands, including Round Table Pizza, Marble Slab Creamery, Great American Cookies, Hot Dog on a Stick, Pretzelmaker, Fazoli's, Fatburger, Johnny Rockets, Elevation Burger, Yalla Mediterranean, Buffalo's Cafe and Buffalo's Express, Hurricane Grill & Wings, Ponderosa Steakhouse/Bonanza Steakhouse, Native Grill & Wings, Smokey Bones, and Twin Peaks.

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