Chuy's, Bloomin' Brands Consolidate After Big Runups
Restaurant stocks Chuy's Holdings (CHUY) and Bloomin' Brands (BLMN) are consolidating in similar fashion after running up sharply after their initial public offerings. Both stocks are in the Retail-Restaurants industry group, which has slipped to a still-strong 34th out of 197 as of Thursday. It was at No. 16 just three weeks ago. Chuy's, which operates casual Tex-Mex restaurants, has tripled since going public in late July last year. Bloomin',
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