You're watching...

Cracker Barrel Guards Against a Hostile Takeover

Details

  • Description

    FBN's Cheryl Casone breaks down how Cracker Barrel stock is performing in today's market.

  • Duration 1:26
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

Are your thoughts this is market check for you right -- Iraqi watching shares of Cracker Barrel for you right now Cracker Barrel Old Country Store you probably -- the name the -- -- changed.

Is attempting -- the -- an activist investor.

For the second time by rolling out a new plan to guard against a hostile take over the stock is up 29 cents right now.

The poison pill defense would kick in at any shareholder takes a 20% stake the board still has to approve it and the last time the company tried this.

Back in December was actually shot down -- you wanna watch the stock for the rest of the afternoon.

And then you wanna watch this that love the story there's -- new king on Broadway.

Disney's the Lion King this -- ticket sales this of the Disney favorite past.

-- of the opera as the all time highest grossing Broadway Show up remarkably.

Blanking managed to do so despite fan and having an almost ten units -- -- not.

Other average -- ticket price over fifty dollars more the theaters size larger.

It's a great -- -- New York.

All right I -- to -- the markets right now backed to what we're saying in the markets and unfortunately.

We're hitting new session was closed for the Dow right now folks -- -- saying outside in the last hour or so we've had an incredible escalation.

And selling and we did not.

Think we're going to be again.

The day like this in fact the futures told us that we're gonna get.

A lighter.

Oh actually a higher open up and -- -- the Dow is now down -- 176121007.

52.