Nathan's Famous Stock Loses 9.8% in the Past 3 Months: What's Next?
Nathan's Famous, Inc.’s (NATH) investors have been experiencing some short-term losses from the stock of late. Shares of the branded licensor, wholesaler and retailer of products, which is currently operating from Jericho, NY, have lost 9.8% in the past three months against the industry’s 2.8% growth. In the same time frame, the stock has also underperformed the sector and the S&P 500’s 1.4% loss and 3.5% gain, respectively.A major development for NATH in recent months is its promising second-quarter fiscal ...