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Domino's Pizza Enterprises Shares Rise 4.2% as Turnaround Under New CEO Lifts Stock Nearly 47% in a Year

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SYDNEY — Shares of Domino's Pizza Enterprises Ltd. rose more than 4% on Tuesday, adding to a strong run for the pizza chain operator as investors back its efforts to reset the business.

Domino's shares gained 0.885 Australian dollars, or 4.18%, to A$22.085 in afternoon trading. The stock traded between A$21.18 and A$22.46, with about 187,000 shares changing hands. The company's market value stood at about A$2.1 billion.

It was not immediately clear whether the company had released new information to the market. Domino's shares are up nearly 47% over the past year, making it one of the few stocks in Tuesday's top gainers to post a strong annual performance.

About Domino's Pizza Enterprises

Brisbane-based........

© International Business Times