El Pollo Loco Stock Declines 11% in 3 Months: Should You Buy the Dip?

El Pollo Loco Holdings, Inc.’s (LOCO) shares have performed poorly in the past three months, underperforming the S&P 500 and the industry. In the same time frame, LOCO has lost 11.2% against the industry and the S&P 500’s 4.5% and 5.2% growth, respectively.As of Thursday, the stock closed at $12.09, below its 52-week high of $14.25 but above its 52-week low of $8.17. It has also underperformed other industry players like Chipotle Mexican Grill, Inc.'s (CMG) 11.5% rise, Restaurant Brands International Inc.'s ...