— Shares of the Burger King parent company rose as much as 3.6% on the back of better-than-expected quarterly results. Restaurant Brands reported a profit of 75 cents per share on revenue of $1.479 billion. Analysts polled by Refinitiv expected earnings of 73 cents per share on sales of $1.463 billion. The results were driven by a 34.4% surge in Popeye's same-store sales.
— Shares of the ride-hailing company jumped 6% following an upgrade to buy from neutral from Northcoast. The firm said it has "more confidence that competitive dynamics and unit economics of the "ride business" are sound."
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »