Apparently buying this morning AND at the close was a good play...they didnt get killed on the quarter and wall st is rewarding another company's not-as-crappy-as-we-thought earnings call...the whole sector has been beat down enough...time for some pay-back.
Fast food has been beaten down? What have you been smoking? This has been beaten down because of crap earnings and poor management. We have yet another quarter of missed earnings in a time when fast food is doing very well.
You better dig into those numbers a bit and realize that they are actually worse than they appear. After hours volume is anemic on a strong day. Watch when it goes negative in the morning after a very brief pop at best.