Mike_Ivancie

Short WING -- Pre-Earnings Fade

Short
Mike_Ivancie Updated   
NASDAQ:WING   Wingstop Inc.
  • Consumption breakdown on extended shelter in place and job losses
  • Is early April guidance still good? Especially in light of the US consumer
  • Is closure really net positive for the brand long term?
  • ATHs why wouldn't you secure profits in this market?
Comment:
Stopped out.

Won't delete ideas but this was a stinker.

WING well positioned for take out orders. Stronger demand than I anticipated. Good for them. Closed.
Trade closed: stop reached

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