Morton's Restaurant Group (MRT) Up 5%

Shares of Morton's Restaurant Group, Inc. (NYSE: MRT) were up 5% during early afternoon trading, a day after the company provided positive guidance.

The stock opened at $4.51, well above yesterday's close of $4.39, then climbed as high as $4.85.

For the next few hours, the stock slowly declined, as investors weighed the positive guidance against the 4th quarter's 12% drop in same-restaurant sales.