Ark Restaurants Corp. shares fall 2.75% after-hours as Applebee's launches new Ultimate Trio appetizer.

Ark Restaurants Corp. dropped 2.75% in after-hours trading. The decline occurred despite Applebee's, a subsidiary of Ark Restaurants Corp., launching a new Ultimate Trio appetizer sampler. This new offering allows guests to customize their appetizer platter with a variety of options, which could potentially drive more sales and customer engagement. However, the market reaction suggests that investors may not view this new product launch as a significant enough catalyst to drive the stock price higher.