JACK Stock Drops 18% in a Month: Should You Buy the Dip or Wait?

Shares of Jack in the Box Inc. (JACK) have declined 18.3% in the past month compared with the Zacks Retail – Restaurants industry’s 4.1% fall. The stock has underperformed the Zacks Retail-Wholesale sector’s and the S&P 500’s decrease of 8.4% and 6.9%, respectively.JACK experienced notable volatility in March. At the beginning of the month, the stock was trading above $38, reaching as high as$39.65 on Feb. 27. However, a steep decline began in mid-March, with JACK tumbling to $33.73 on March 11 and further ...