Trader Radar - Monday October 6th
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. This restaurant chain with a War and Peace sized menu began with just one renowned dessert. It has since expanded its reach by even selling some of its branded delights through Barnes & Nobles bookstores. But in today’s market turmoil even sweet treats are not immune to the downward pressure; and Goldman cut its earnings outlook on the casual-diner's refusal to slash prices. Who is it?
A: On the trader radar tonight we’re watching Cheesecake Factory ! The restaurant chain was among the most active names on the Nasdaq today.