Bloomberg Businessweek

Bloomberg Markets: Dave Wilson's Stock of the Day for Sept. 7

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Bloomberg Markets with Carol Massar and Cory Johnson.\u0010\u0010GUEST:\u0010David Wilson\u0010Stocks Editor\u0010Bloomberg News\u0010Discussing his "Stock of the Day" Fiesta Restaurant Group (FRGI). Fiesta Restaurant Group Inc.'s shares are headed for their lowest close since 2012 on anticipation that Hurricane Irma will hurt the restaurant owner more than its peers. The owner of the Pollo Tropical and Taco Cabana chains has 37 percent of its locations in Florida, according to Canaccord Genuity. Also, Fiesta was cut to the equivalent of sell from neutral at Piper Jaffray in response to industrywide weakness.