FAT Brands (NASDAQ:FATBW) Trading Down 12.2% – Time to Sell?

FAT Brands Inc. (NASDAQ:FATBWGet Free Report) shares were down 12.2% during trading on Tuesday . The company traded as low as $3.05 and last traded at $3.34. Approximately 2,636 shares changed hands during trading, a decline of 40% from the average daily volume of 4,407 shares. The stock had previously closed at $3.80.

FAT Brands Stock Performance

The firm has a 50 day moving average of $3.39 and a 200-day moving average of $3.10.

About FAT Brands

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FAT Brands Inc, a multi-brand restaurant franchising company, acquires, develops, markets, and manages quick service, fast casual, casual dining, and polished casual dining restaurant concepts worldwide. It owns restaurant brands, including Round Table Pizza, Marble Slab Creamery, Great American Cookies, Hot Dog on a Stick, Pretzelmaker, Fazoli's, Fatburger, Johnny Rockets, Elevation Burger, Yalla Mediterranean, Buffalo's Cafe and Buffalo's Express, Hurricane Grill & Wings, Ponderosa Steakhouse/Bonanza Steakhouse, Native Grill & Wings, Smokey Bones, and Twin Peaks.

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