Episode Details
Back to Episodes
NXP Semiconductors Jumps, Wingstop Sinks, Starbucks Rises on Positive Quarterly Results
Description
On this episode of Stock Movers:
-NXP Semiconductors (NXPI) shares jump after the company gave an upbeat revenue forecast, beating the average analyst estimate of $3.27 billion with a forecast of $3.35 billion to $3.55 billion.
-Wingstop (WING) shares sink. The company lowered its full-year guidance and reported worst-than-expected results, confirming concerns that traffic to the chicken chain had significantly dropped off.
-Starbucks (SBUX) shares rise. Starbucks Corp. is winning over American diners with cushier seats, more appetizing pastry displays and speedier service. The company reported better-than-expected quarterly results and said it now sees comparable sales rising at least 5% this year.
See omnystudio.com/listener for privacy information.