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Garmin Rises, MSG Sports Jumps, Wingstop Rises on Better Than Expected Sales
Published 3 weeks, 5 days ago
Description
On this episode of Stock Movers:
- Garmin (GRMN) shares rise the most intraday since October 2024, after the consumer electronics maker forecast pro forma EPS for 2026 well above Wall Street estimates.
- MSG Sports (MSGS) shares rise after news Madison Square Garden Sports Corp.'s board of directors approved a plan to explore spinning off the New York Knicks and New York Rangers to make it easier to attract investors to the teams.
- Wingstop (WING) shares jumped after the company reported domestic same-store sales that contracted less than what was predicted, and better-than-expected earnings, easing fears of a marked slowdown at the chicken chain.
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