Buffalo Wild Wings Up 18% After Q3 Beat

Buffalo Wild Wings BWLD shares are trading higher by $17.65, or 17 percent, at $118.80 in Thursday's session.

The catalyst for the rally is a Q3 EPS beat of 50 cents on lower revenues by $5.6 million. At this time, the Street is placing its emphasis on its EPS beat.

See Also: Can New Promotions Rescue Buffalo Wild Wings?

After a higher open, Buffalo Wild Wings continued in that direction before peaking at $119.95 and reversed course. That marks the highest level for the stock since it peaked on July 26 at $124.95. The ensuing decline took the stock to $115.00, but has rebounded back to the $119.00 area.

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