Alert: Major Price Decline (10/30/24)-Wingstop Inc (NASDAQ: WING).

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On 10/30/24, Wingstop Inc (NASDAQ: WING) stock suffered a major decline of -21.4%, closing at $289.99. Moreover, trading volume in this decline was exceptionally high at 719% of normal. Relative to the market the stock has been strong over the last nine months but has declined -20.8% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, WING is expected to be a major Value Eraser.

Wingstop is currently unrated.

Rating Review

The stock is currently unrated.

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