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. Not too surprisingly, Wingstop stock is up 14% as of 2 p.m. EDT, touching all-time highs during the session. Because it franchises a large percentage of restaurants, what it records as revenue greatly differs from systemwide sales.