Garmin Rises, MSG Sports Jumps, Wingstop Rises on Better Than Expected Sales
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…
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