Potbelly Gains 14% in 3 Months: Is There More Upside for the Stock?

Potbelly Corporation (PBPB) shares have risen 13.8% in the past three months against the industry’s decline of 1%. The stock has also outpaced the S&P 500’s growth of 5.8%. The company has been benefiting from its 5-pillar strategic plan, robust digitalization and expansion initiatives.On Tuesday, the stock closed at $9.40, 34.5% below its 52-week high but 49.7% above its 52-week low. In the past three months, PBPB outperformed industry players like Chipotle Mexican Grill, Inc.’s (CMG) 5.6% rise, Restaurant ...