Goodbye, Ruby Tuesday

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4.7 • 1.7K Ratings

🗓️ 16 October 2017

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ruby Tuesday shares pop 20% after being bought by a private equity firm. Jason Moser and Taylor Muckerman analyze the deal (and the challenging restaurant industry). Nordstrom puts its own plans to go private on hold, and we discuss Spotify’s impending IPO.

Transcript

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0:00.0	This episode of Market Foolery is brought to you by 23 and Me's genetic service.
0:05.7	You can learn what percentage of your DNA comes from places like Italy, Finland, East Asia, or Africa.
0:11.4	Visit 23 and me.com slash fool. That's the number 23, A and D me.com
0:18.7	slash fool.
0:20.0	It's Monday, October 16th.
0:23.0	Welcome to Market Foolery.
0:24.0	I'm Chris Hill joining me in studio today from Stock Advisor Canada, Taylor Markerman,
0:28.0	and for a million dollar portfolio, Jason Moser.
0:30.0	Happy Monday, Tense.
0:31.0	To you as well.
0:32.5	Just a couple weeks from Halloween, everybody got their costumes?
0:35.0	Not yet.
0:36.0	I already got my feet.
0:37.0	I already got the obligatory 20-pound bag of candy in the house.
0:40.0	I snuck that one into it.
0:41.0	It was like a total last second going through the grocery store getting stuff for dinner and I see this just aisle of candy and I'm like you know what I'm gonna go home and surprise the kids and the wife they've all got the big sweet teeth. Man I showed up with a
0:53.5	bag. Guess who was the hero? Over under on the pounds left. Now it's a 20 pound
1:00.0	back. A whole bit of something in there for everybody.
1:02.6	Come Halloween, maybe like a 15.
1:04.8	Oh, it's already down to about 18.
1:06.7	Boy, we love when the news fairy shows up.
1:11.3	And we're gonna get to retail,
	...

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