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Stock Warning: Rave Trading Up 500%

by news dir

(RTTNews) – Shares of RAVE Restaurant Group, Inc. (RAVE), are up nearly 500% during pre-market hours Wednesday morning at $ 3.07. The stock closed normal Tuesday trading at $ 0.51. It has been trading between $ 0.38 and $ 2.85 in the past year.

On 6 October RAVE Restaurant Group, the parent company of Pizza Inn and Pie Five Pizza, announced that it has hired Darren Webb as development director for RAVE in support of Pizza Inn and Pie Five, and Dion Firooznia as a franchise business consultant for Pizza Inn.

“Darren and Dion will help us continue the momentum we’ve built and really focus on fostering development in Carolina, which is a key area of ​​expansion for Pizza Inn and where both individuals are based. Darren and Dion have an impressive background in developing well-known brands and a history of collaboration in the past, so we are thrilled to have them join the RAVE team, ”said Mike Burns, Chief Operating Officer of RAVE.

Before joining Rave, both Webb and Firooznia worked together at Bojangles’ Restaurants, Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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