Why Chef's Warehouse Stock Was Down 12% This Week

Why Chef's Warehouse Stock Was Down 12% This Week

Chefs' Warehouse (NASDAQ: CHEF) investors lost ground to a declining market this week. Shares were down 12% through Thursday trading compared to a 2.7% slump in the wider market, according to data provided by S&P Global Market Intelligence. The dip came as investors learned that Chefs' Warehouse is taking on new debt.