Small-cap restaurant chains in particular are down for the year to date despite some recent upticks.
The top 10 open-market insider purchases and sales filed at the SEC Thursday.
J. Alexander's Corporation (Nasdaq:JAX) has been upgraded by TheStreet Ratings from a hold to buy.
Unusual volume can be a major signal that hedge funds and momentum traders are piling into a stock ahead of a catalyst.
Shares of J. Alexander's Corporation (Nasdaq:JAX) have taken a tremendous swing upward. The stock is trading at $9 as of 9:30 a.m. ET, 30.4% above Thursday's closing price of $6.90. Volume is at 13,800, 0.8 times the daily average of 17,900.
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