Immersion Investments, LLC and its Affiliates Issue Open Letter to Potbelly Corporation Urging Immediate Action to Maximize Value for its Shareholders [Yahoo! Finance]
Potbelly Corporation (PBPB)
Last potbelly corporation earnings: 2/25 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investors.potbelly.com/investor-relations
Company Research
Source: Yahoo! Finance
NEEDHAM, Mass., October 21, 2024 BUSINESS WIRE )--Immersion Investments, LLC and its affiliates – a top 20 shareholder of Potbelly Corporation (PBPB), parent company of the quick service restaurant chain – today issued an open letter to Potbelly's Board of Directors and its management team urging immediate action to maximize value for shareholders. A full copy of the letter is below: Dear Members of Management and the Board of Directors, Immersion Investments, LLC, together with its affiliates (collectively, "we" or "Immersion"), holds 299,906 shares of Potbelly Corporation (PBPB) ("Potbelly" or the "Company") common stock, making us one of the company's largest shareholders. We believe Potbelly is an underappreciated growth story. The market continues to value the stock at a meaningful discount to peers despite readily obvious improvements to the existing business and growth profile. The status quo is unacceptable. As written by Rita Mae Brown, "The definition of insanity is
Show less
Read more
Impact Snapshot
Event Time:
PBPB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PBPB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PBPB alerts
High impacting Potbelly Corporation news events
Weekly update
A roundup of the hottest topics
PBPB
News
- I ordered the same turkey sandwich from Subway and Potbelly Sandwich Shop, and I preferred the cheaper option [Business Insider]Business Insider
- Q3 Modern Fast Food Earnings Review: First Prize Goes to Potbelly (NASDAQ:PBPB) [Yahoo! Finance]Yahoo! Finance
- Potbelly Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year [Yahoo! Finance]Yahoo! Finance
- Potbelly Corp (PBPB) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ... [Yahoo! Finance]Yahoo! Finance
- Potbelly Accelerates Growth with Signed Commitments for 32 New U.S. Shops [Yahoo! Finance]Yahoo! Finance
PBPB
Earnings
- 11/7/24 - Beat
PBPB
Sec Filings
- 12/20/24 - Form 4
- 12/3/24 - Form 4
- 11/29/24 - Form SC
- PBPB's page on the SEC website