Restaurant stocks see mediocre performance in 2014

Restaurant stocks see mediocre performance in 2014

Industry couldn’t keep up with surging stock market

The restaurant industry couldn’t keep up with a surging stock market in 2014, as weakness at several large brands and a perception that many companies are at peak valuations kept stock prices at bay.

The NRN Restaurant Index finished the year up 3.58 percent. By comparison, the S&P 500 index finished the year up 11.4 percent, and the NASDAQ finished the year up 13.4 percent.

More restaurant stocks underperformed the S&P 500 than did those that outperforme

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