Bank of America Corp. boosts stake in Jack in the Box Inc.
September 29, 2022
Trending News ☀️
JACK Intrinsic Value – Bank of America Corp. has increased its stake in Jack ($NASDAQ:JACK) in the Box Inc., giving the company a boost. The company is best known for its burgers and fries, but also offers a variety of other menu items.
Share Price
On Wednesday, JACK IN THE BOX stock opened at $75.6 and closed at $77.9, up by 3.9% from the previous closing price of $75.0. This increase in stock price indicates that investors are confident in the company’s future prospects.
VI Analysis – JACK Intrinsic Value Calculator
JACK IN THE BOX is a company with strong fundamentals that reflect its long-term potential. Now JACK IN THE BOX stock is traded at $77.9, undervalued by 22%.
Summary
Bank of America Corp. has announced that it has increased its stake in Jack in the Box Inc. This news has caused the stock price of Jack in the Box to move up.
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