Potbelly Stock: Fed News Sends Shares Higher

Potbelly stock jumps on hints of Fed rate cuts, but can the gains last? After a 3.2% intraday surge fueled by Jerome Powell's comments, Potbelly closed up 2.4%, at $12.68. While positive, this volatility reflects investor sensitivity to economic news amid concerns about slowing job growth and potential tariffs impacting consumer spending. Despite recent challenges, Potbelly's stock is up 35% YTD, more than doubling investments made five years ago, leaving its future tied to interest rate decisions and job market trends. Hosted on Acast. See acast.com/privacy for more information.