Will Investors Keep Paying a Premium for Wingstop?
Wingstop's (NASDAQ: WING) stock has more than quadrupled since its IPO in 2015 as the chicken wing chain has repeatedly impressed investors with its consistent same-store sales growth, aggressive expansion plans, and expanding margins. It's also benefited from low market prices for chicken wings.
Shares surged to an all-time high of $107 in late August, but the stock subsequently shed about a fifth of its value due to market jitters and concerns about a slowdown in the U.S. restaurant market.
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Source Fool.com
