An activist investor reportedly wants Cheesecake Factory to split up. Analysts say it doesn’t need to.

Shares of Cheesecake Factory Inc. got a lift after hours on Monday after the Wall Street Journal reported that an activist investor is pressing the casual-dining chain to spin off a handful of its smaller restaurant concepts.

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An activist investor reportedly wants Cheesecake Factory to split up. Analysts say it doesn’t need to.

Topics

Related

Stocks end lower after Powell throws cold water on hopes for December interest-rate cut

Activist investor ValueAct has $1 billion stake in Meta, sources say

Bill Belichick reportedly wants to return to coaching in 2025 after season as NFL analyst

Trump 2.0 would need 53 GOP senators for a ‘truly reliable’ majority, analyst says

Investors should pick up ‘cheap’ U.K. stocks, UBS says

Nvidia’s stock is up 200% this year. Why analysts say it still screams ‘buy.’

Tesla should sell its stock after the big post-election run up, analyst says

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Nissan Becomes Activist Investor's Next Japanese Target

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