Jack in the Box (JACK) rose nearly 3% after reporting late Wednesday that its same-store sales accelerated into Q3, with system comparable sales through the first eight weeks ended June 7 jumping by about 5%.
Tailored Brands (TLRD) added more than 3% after the retailer issued a business update saying it has taken “decisive actions” to increase its liquidity and reduce cash outflows. The company earlier said in a regulatory filing that it may cut back or terminate operations and/or seek bankruptcy protection if the COVID-19 pandemic continues to impact its sales.
Meanwhile, Ford Motor (F) fell more than 10% after announcing that it is recalling 2.15 million vehicles in the US and federal territories due to a door latch issue, and another 343,900 vehicles in the US, Canada and Mexico due to brake fluid loss.
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