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Wingstop (WING) Sold Off as Investors Took Profit

ClearBridge Investments, an investment management company, released its “ClearBridge SMid Cap Strategy” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. Smid cap growth stock rose in the fourth quarter driven by a post-election surge and the market's shift back to growth leadership in December. The ClearBridge SMID Growth Strategy beat its Russell 2500 Growth Index benchmark in the fourth quarter due to robust stock selection in health care and materials sectors, which outperformed detractors in consumer discretionary holdings. To get an idea of the...