Restaurant chain Ruby Tuesday Inc.’s stock price slumped to a 52-week low today – $8.54. The
high $15.57 – came back in January and the Maryville-based company has been shedding value ever since.
Shares of GMCR which has large distribution and roasting plant in Knox County, continued their upward march today, surging above $110.
GMCR is pushing hard to dominate the ever-growing single-serve market and earlier this year made headlines when it signed deals with Starbucks and Dunkin’ Donuts.
A jolt of caffeine might be what Ruby needs.