U.S. stock night market volatility: Fat Brands faces financial restructuring pressure, causing market concerns, with stock price plummeting 10.71% in night trading

U.S. Stock Night Market Movements

Fat Brands fell 10.71% in the night market. Based on recent key news:

1. On November 21, Fat Brands received a notice of acceleration for securitized notes from UMB. The company is negotiating with representatives of the noteholders regarding the refinancing, restructuring, or similar transactions of the notes. This news has heightened market concerns about the company's financial condition, leading to a drop in stock price.

2. On November 21, Twin Hospitality Group received a notice of acceleration for notes from UMB, with an outstanding principal amount of $412.3 million held by its parent company Fat Brands. This further intensified market concerns about Fat Brands' financial pressure, affecting its stock price.

3. No other significant news recently. The restaurant industry is facing financing pressure and requires attention.

Stocks with High Trading Volume in the Industry

Starbucks fell 0.30% in the night market. Based on recent news:

1. On November 21, Starbucks was frequently summoned due to user privacy issues, causing user dissatisfaction and affecting brand reputation. Starbucks has been reported multiple times for inducing users to provide personal information, leading to a decline in market trust.

2. On November 22, the U.S. announced the removal of tariffs on Brazilian coffee, leading to a decrease in coffee prices, which affects Starbucks' cost structure. This move may alleviate inflation pressure on U.S. consumers but poses a challenge to Starbucks' profitability.

3. On November 21, the Starbucks Workers Union announced an expansion of the strike, affecting store operations. The strike involves 95 stores in 65 cities, leading to the closure of some stores and impacting sales. Competition in the coffee market has intensified, with significant price pressure.

DoorDash rose 0.74% in the night market. Based on recent key news:

1. On November 21, KeyBanc analyst Justin Patterson maintained a buy rating on DoorDash with a target price of $280. This boosted market confidence in DoorDash, driving the stock price up.

2. On November 23, Wedbush analyst Devitt pointed out that DoorDash's capital expenditure and margin pressure led to a stock price pullback, but believes these investments will expand the market and enhance products, maintaining a positive long-term outlook on DoorDash's growth potential.

3. On November 21, 9 out of 10 top analysts gave DoorDash a buy rating, with a 12-month target price indicating an upside potential of about 39.78%, further supporting the stock price increase. Market momentum and AI demand expansion are strong in the industry.

Mexican Barbecue rose 0.13% in the night market. No significant news recently; trading is active, and capital flow is evident. Considering sector and industry trends, this stock shows significant volatility, and specific reasons need further observation. no_news