NXP Semiconductors Jumps, Wingstop Sinks, Starbucks Rises on Positive Quarterly Results
Stock Movers29 Huhti

NXP Semiconductors Jumps, Wingstop Sinks, Starbucks Rises on Positive Quarterly Results

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.

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