Texas Roadhouse Dips After New Wall Street Boost, Investors Eye Next Moves
Texas Roadhouse fell in Thursday’s Nasdaq session. TD Cowen lifted its price target, but the steakhouse chain continued to face investor worries about high food costs despite strong traffic. The stock dropped 0.3% to $180.90, after hitting an intraday high of $182.67. That put the Louisville, Kentucky-based company’s market cap near $12.0 billion. Nasdaq traded on a normal schedule, with regular hours from 9:30 a.m. to 4 p.m. Eastern. May 28 was not a 2026 market holiday, according to Nasdaq.