Bloomin' Brands' Stock Breakout: New Rally Budding?

Key PointsBloomin' Brands cleared a cup-with-handle base, with recent price momentum supported by higher-than-average trading volume.Activist Investor Starboard Value took a significant stake in the company and named two board members.The recent rally followed the company's announcement that it would close 41 underperforming locations, with plans to open as many new locations this year. 5 stocks we like better than Bloomin' BrandsBloomin’ Brands Inc. NASDAQ: BLMN is among the latest in a series of companies ...