Potbelly Corporation (PBPB) Soars 6.59%

Potbelly Corporation (PBPB) Soars 6.59%

Potbelly Corporation (PBPB) had a good day on the market for Friday November 01 as shares jumped 6.59% to close at $4.53. About 112,467 shares traded hands on 1,066 trades for the day, compared with an average daily volume of n/a shares out of a total float of 23.77 million. After opening the trading day at $4.29, shares of Potbelly Corporation stayed within a range of $4.54 to $4.29.

With today’s gains, Potbelly Corporation now has a market cap of $107.67 million. Shares of Potbelly Corporation have been trading within a range of $11.95 and $3.10 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Potbelly Corporation owns and franchises hundreds of limited-service restaurants specializing in sandwiches and salads, shakes. The menu includes toasty sandwiches, signature salads, soups, chili, sides, desserts and, in breakfast locations it serves breakfast sandwiches and steel cut oatmeal. Most of its locations are company-owned and located in the United States, with Illinois and Texas housing far more locations than any other states. The company has franchise partners in a number of countries. Excluding the United States, most of Potbelly’s franchises are in the Middle East.

Potbelly Corporation is based out of Chicago, IL and has some 7,000 employees. Its CEO is Alan Johnson.

Potbelly Corporation is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

error: Content is protected !!