Home Equities Score What's Under the Hood: What's new at RAVE Restaurant Group Inc.

What’s Under the Hood: What’s new at RAVE Restaurant Group Inc. [RAVE]

RAVE Restaurant Group, Inc. (NASDAQ: RAVE) stock surged 24.60% to $1.57 in the pre-market session. During the last month, RAVE Restaurant Group Inc.’s stock price has soared 38.45% and has gained 17.76% over the week. Since the start of the year, its price is 38.45% higher, and it has fallen by -17.63% year-over-year.

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What happened…

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While the recent rally in the stock price of Corporate Universe is incredibly impressive, we need to note that there was no such news regarding the company’s business that could have led to such a move. It might be worthwhile to look at a significant development that took place earlier in the year.

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Last update

On January 01, 2021, Pizzeria Inn Pushes for Election Reform. Keeping close to its mission of creating a tight-knit community by sharing traditional American values, Pizza Inn is known as America’s Hometown Pizza Place. These values have permitted millions of brave men and women to fight to preserve our democracy. And our democracy was created as a result of fair, transparent elections.

At the beginning of the New Year, the US nation remains divided over the election results. Millions of Americans suspect widespread voter fraud may have changed the election results. ​We believe this is probable, but we can’t say for sure what concerns us most.

Pizza Inn does not advocate for overturning the election, nor do we believe certifying it as it stands tomorrow in Congress would be appropriate. Therefore, the most prudent step would be to conduct a 10-day audit of the vote to ensure our new President is the legally rightful winner on January 20.

We understand the risks of getting involved in such heated political waters, but some things – like the American election’s integrity – are too important to be ignored.

Pizza Inn, a leader in its communities, is also seeking legislative action to build trust in the US political process to ensure that.

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Company highlights

Pizza Inn has been serving up traditional and specialty pizzas from its Dallas-based location since 1958. It is a subsidiary of the RAVE Restaurant Group, Inc. (NASDAQ: RAVE). Over 200 Pizza Inn and Pie Five restaurants operating domestically and internationally are owned and used by RAVE.

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