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Wingstop Inc. shares rise 2.70% intraday as Shake Shack expands partnership with Maxim's Caterers in Asia.
ByAinvest
Tuesday, Aug 12, 2025 12:16 pm ET1min read
Wingstop Inc. rose 2.70% in intraday trading, with the company's stock price increasing. The news event that aligns with this movement is the expansion of Shake Shack Inc. and Maxim's Caterers Limited's partnership, which includes plans to open 15 Shacks in Vietnam by 2035. This news may have positively impacted Wingstop Inc.'s stock price due to the potential for increased competition in the fast-casual dining sector.
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