Panera Bread Company (NASDAQ: PNRA) is seeing an unusual surge in pre-market trading this morning. The company issued mixed guidance, although as the news is good for the current quarter it is being scored as a win. Shares closed at $45.46 yesterday and shares are up over 7.5% at $49.10 as of 8:51 AM EST. So far we have seen over 79,000 share trade hands in pre-market trading.
52-week range: $30.60 to $53.45
Market Cap; $1.38 Billion
Avg. Daily Volume: 811,000 shares
Jon C. Ogg
June 18, 2008
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