Comment on Sonic stock jumps 16 percent on share buyback, financial figures

Sonic stock jumps 16 percent on share buyback, financial figures

FROM STAFF REPORTSShares of Oklahoma City-based Sonic Corp. soared Thursday after the company said it would launch a $500 million share repurchase program, and reported same-store sales were basically flat. Sonic stocks gained more than 16 percent, closing at $30.98 after setting a new 52-week high of $31. The buyback program runs through Aug.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News