Biglari Holdings Share Impact

[accutronman]

From an AP article. Message sent by shareholders. Unfortunately, probably not received by Biglari

 

 

NEW YORK (AP) -- Shares of the company that operates Steak n Shake and Western Sizzlin restaurants fell more than 5 percent on Monday, continuing their two-week slide of more than 20 percent that dates to when the chairman and CEO outlined his pay package.

 

Shares of Biglari Holdings Inc. -- which was recently renamed after its chairman and CEO Sardar Biglari -- have been falling since late April, when they reached past the $400 mark. They have been falling in the days since -- often on extremely heavy volume and are now down more than 23 percent from the opening of trading on April 30 of $400.