Shake Shack's huge debut has the stock too expensive for Wall Street's taste.
Shake Shack ads haven't been plastered all over television, the subway or on radio. In fact, according to Goldman Sachs' report on the burger chain, that's part of the plan for Danny Meyer's company post-IPO. "SHAK does essentially no...Show More Summary
Wall Street banks are initiating analyst coverage on Shake Shack on Tuesday, and Stifel takes the award as the most bullish firm on the burger chain. In a note to clients Tuesday, Stifel wrote: We are initiating coverage of Shake Shack with a Buy rating. Show More Summary
Shake Shack shares opened for trade on January 30. On Tuesday, Wall Street firms started rolling out their ratings on the burger chain, and Goldman Sachs started the company with a Neutral rating and a $36 price target. "We are initiating coverage of Shake Shack Inc. Show More Summary
Danny Meyer’s international burger empire arrived in Buckhead Atlanta last fall.
Justin Forsett had a pretty unforgettable Valentine's Day. On Saturday, Ravens running back Justin Forsett thought he and his wife were going to have a perfect Valentine's Day of Shake Shack and a Lauryn Hill concert. The next thing he knew, he was on the verge of getting ready to deliver his baby in his car on the side of the road. Show More Summary
The stock price keeps coming down. The best IPO of 2015 and stock to own is Shake Shack (SHAK). Now that its stock price is coming down, I'm interested. From $52 to today's price of $39, SHAK continues to drop. Last time we commented...Show More Summary
Since its humble beginnings as a small food cart in New York City, Shake Shack has grown to become a global billion dollar business and a major player in the restaurant world. We take you inside a Shake Shack to show you what it's like to eat at one of its 63 locations. Show More Summary
It's the first Shack in East Asia. In a landmark move, New York City-based cult burger stop Shake Shack has announced plans to expand to Japan. On the heels of its IPO, Shake Shack confirmed this morning in a release that it had found a partner in Japan and would open its first location in Tokyo in 2016. SAZABY LEAGUE, Ltd. Show More Summary
Baltimore's first Shake Shack will open on February 16. That same day, the city's McDonald's locations will begin selling a limited-edition Filet-O-Fish sandwich featuring tartar sauce spiked with Old Bay, a.k.a. the region's all-time favorite food seasoning. Show More Summary
The location will feature two special custard concretes. Cult-loved burger chain Shake Shack is opening its first-ever Baltimore, Maryland location on February 16. According to a press release, the restaurant will be located across from...Show More Summary
When a great stock picker hates an expensive stock, that's two big reasons to worry.
Post-IPO, Shake Shack continues aggressive East Coast expansion. Shake Shack opened its first location in New Jersey in 2013, a second in 2014, and this summer plans to open a third in the Garden State, according to an official release. Show More Summary
He's on a roll. It's been quite a week for Danny Meyer: After increasing his wealth by hundreds of millions on Shake Shack's first day of public trading, he's announced that he's opening a bar in Chelsea. Porchlight, which will reside...Show More Summary
Keeping coming down. Shake Shack Inc (SHAK) after its glorious IPO is coming back down to earth. Two days after going public and jumping 100% the selling has begun. More like profit taking. That is why SHAK has dropped $10. The trend continues today as SHAK now trades at $42.85. It is way to early to decide how this stock is going to trade. Show More Summary