Nathan’s hosts Hot Dog Eating Contest

Since 1916, Nathan’s has hosted an annual Fourth of July Hot Dog Eating Contest at its Coney Island flagship store.
This year, participants had ten minutes to eat as many Nathan’s hot dogs as possible.  The traditional competition ended with a 59 hot dog tie between Joey Chestnut and Takero Kabayshi.  The two went into a five dog eat-off in which  Joey Chestnut emerged victorious.
I am a fan of Nathan’s hot dogs and after seeing the competition’s results I decided to look at the company’s stock.
Nathan’s stock is down about 16 percent in the past year (versus a 17 percent drop for the S&P 500) but in …read more