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On January 29, 2015, Shake Shack priced its IPO at $21 per share. On the morning of January 30, 2015, it began trading on the NYSE at $47 per share under the ticker symbol SHAK. In April 2015, shares hit prices of $72, and hit a high of about $90 in May 2015. [ 30 ]
However, don't underestimate the appeal of Shake Shack. The milkshake and burger chain that got its start as a modest kiosk in the heart of New York City's Madison Square Park 10 years ago is ...
Shake Shack recently traded at a 52-week high of $139.58. The stock is up 83% year to date, outperforming burger rivals McDonald's and Wendy's . Three times ...
Shake Shack's management raised the lower end of its financial guidance for 2024, which is good news for shareholders -- it means business is good. But investors really like how 2025 is shaping up ...
Smashburger competitors like Shake Shack and Five Guys experienced many of these difficulties, as well. [37] In 2016, Smashburger was estimated to have $338.3 million in sales. On 13 February 2018, Jollibee increased its ownership stake to 85 percent of Smashburger in another $100 million deal.
Fingers are crossed that last summer's spicy rollout at Shake Shack will become a routine feature for the nationwide brand. In September 2023—in addition to the return of the Nashville-style hot ...
Shake Shack ended last year with 518 stores worldwide, including 184 outside the U.S. The company has said it plans to open 80 more stores this year. Papa John’s has 5,900 stores worldwide ...
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