Multibaggers' Short-Term Pullbacks
This is a U.S. news story, published by Yahoo Finance, that relates primarily to Wingstop news.
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•3 Unstoppable Multibaggers Up Between 965% and 3,450% Since 2014 to Buy After a Recent Pullback
73% Informative
Celsius (NASDAQ: CELH) and MercadoLibre have pulled back between 11% and 73% from their 52-week highs.
Celsius's share price has risen 3,450% over the last 10 years .
The company's sales have dropped 31% in Q3 2024 , prompting the market to send the company's shares down 73% .
Celsius currently trades at a price-to-sales ratio of 4.4 .
Wingstop is the largest chicken wings-focused fast-casual chain in the world.
The restaurant chain has ambitions to grow to more than 4,000 locations in the U.S. alone.
Wingstop added 106 new stores in Q3 , growing its store count by 17% compared to last year .
However, because earnings per share only grew by 32% during the quarter and missed analysts' expectations, Wingstop 's share price plummeted 26% from its 52-week highs.
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