- Shares soared 25% following the news, hitting a 52-week high of $18.16 apiece.
- The company's third-quarter financial results missed both on the top and bottom lines.
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Denny's surges 25% after saying it will sell company-operated stores to franchisees (DENN)
Shares of Denny's soared 25% Wednesday after the restaurant chain said it will sell some of its company-operated restaurants to franchisees.
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