Cheesecake Factory (CAKE) gains 5.12% for September 24

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Cheesecake Factory Inc. (NASDAQ: CAKE) shares gained 5.12%, or $2.41 per share, to close Friday at $49.50. After opening the day at $48.25, shares of Cheesecake Factory fluctuated between $49.63 and $48.12. 2,608,350 shares traded hands an increase from their 30 day average of 865,215. Friday’s activity brought Cheesecake Factory’s market cap to $2,582,839,859.

Cheesecake Factory is headquartered in Calabasas Hills, California..

About Cheesecake Factory Inc.

The Cheesecake Factory Incorporated is a leader in experiential dining. The company is culinary forward and relentlessly focused on hospitality. The Cheesecake Factory currently owns and operates 294 restaurants throughout the United States and Canada under brands including The Cheesecake Factory®, North Italia® and a collection within the Fox Restaurant Concepts subsidiary. Internationally, 27 The Cheesecake Factory® restaurants operate under licensing agreements. Its bakery division operates two facilities that produce quality cheesecakes and other baked products for its restaurants, international licensees and third-party bakery customers. In 2020, the company were named to the FORTUNE Magazine ‘100 Best Companies to Work For®’ list for the seventh consecutive year.

Visit Cheesecake Factory Inc.’s profile for more information.

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To get more information on Cheesecake Factory Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: Cheesecake Factory Inc.’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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