Palo Alto Falls, MSG Sports Rises, Wingstop Surges on Sales

On this episode of Stock Movers: - Palo Alto (PANW) shares fell the most in two years after the cybersecurity company released a forecast for adjusted earnings that was weaker than anticipated. The company forecast adjusted earnings per share of $3.65 to $3.70 for the year and $78 cents to $80 cents for the third quarter. - 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 earnings, easing fears of a marked slowdown at the chicken chain. See omnystudio.com/listener for privacy information.