Why Winmark Stock Plummeted This Week

Shares of leading resale goods franchisor Winmark (NASDAQ: WINA) were down 16% this week as of 12:30 p.m. ET Thursday, according to data provided by S&P Global Market Intelligence.As of this writing, there appears to be no direct Winmark-related news causing the steady decline in share price. While this lack of news isn't uncommon for the notoriously quiet operator -- CEO Brett Heffes typically only offers a one-sentence comment on each quarter's results -- the 16% drop is eye-catching.Ultimately, however, I believe this sell-off stems more from the company's increasingly stretched valuation and the market's worries over recent data on softening consumer spending.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool