Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Here's Why Wingstop Stock Flew Higher Today

TheMotleyFool

0 0

Here's Why Wingstop Stock Flew Higher Today

Shares of chicken wing restaurant chain Wingstop (NASDAQ: WING) flew higher on Wednesday after the company released results for the second quarter of 2020. The company's revenue grew 36% year over year, and net income increased 135%.

When a restaurant reports strong results like this during a pandemic, investors take notice. Not too surprisingly, Wingstop stock is up 14% as of 2 p.m. EDT, touching all-time highs during the session. And shares are up over 70% year to date, sharply outpacing the market.