Shake Shack IPO vaults shares into nosebleed territory
Shake Shacks debut is the latest in a string of blockbuster IPOs from trendy restaurant chains that cater to younger and more affluent diners willing to pay a bit more for fresher and higher quality food. Growth-hungry investors are hoping to.
Investors sink their teeth into SHAKE SHACKs IPO
A bet on Shake Shack, a fast-casual restaurant operator with just 63 global locations, is an investment in a company that could one day become the next Chipotle CMG -1.29%. Those two chains are the model that all other fast-casual chains could one day .
SHAKE SHACK doubles on debut
Fast casual restaurant chains like Chipotle have been a hit, but Shake Shack shares may have a hard time sustaining themselves, says a veteran IPO analyst. Fred Katayama reports.
Shake Shack tycoon Danny Meyer is worth $400 million more than he was.
The burger chain Shake Shack became a public company on Friday and investors ate up the stock. Shake Shacks shares soared to $52 in early trading from their inital price of $21, adding more than $386 million to founder Danny Meyers net worth.
Shake Shack IPO Prices - Business Insider
The burger chain will raise $105 million, giving the company af market value of about $746 million. The price is significantly above the $17-$19 range expected. The stock will begin trading on Friday under the ticker SHAK.
Shake Shack seeks to raise $80 million from IPO.
NEW YORK (MarketWatch) -- Shake Shack Inc. will offer 5 million shares between $14 and $16 in its initial public offering, which could raise as much as $80 million, according to a regulatory filing. The New York burger chain��.
A Bull Market for Shake Shack Burgers
Hundreds of New Yorkers lined up for free hamburgers served out of a truck by Shake Shack, the local burger joint turned international chain, whose stock was making its debut on the Big Board. The line of hungry bargain-hunters, which spanned the.
Live Kiosk Free, or Die
Crepe stands and Wichcraft kiosks and Shake Shacks bother me. They simply dont belong in our gardens.
A Happy Hunter for a Must-Have Taste
Mark Rosati, culinary director of Shake Shack, goes on the prowl in Williamsburg, Brooklyn, looking for the next must-have taste.. Mark Rosati, culinary director for all domestic and international branches of Shake Shack, is constantly searching for inspiration and local sources of exceptional ingredients.
SHAKE SHACK Sizzles In Market Debut - Business Insider
(Reuters) - Shares of gourmet hamburger chain Shake Shack Inc soared 150 percent in their first few minutes of trading on Friday, valuing the company that grew out of a hotdog cart in New Yorks Madison Square Park at��.
Todays huge IPO news (no, not Shake Shack)
Todays popular IPO was for Shake Shack SHAK 132.05% , the New York City park-borne chain that raised $105 million by pricing 5 million shares at $21 per share (above its $17-$19 range). The stock has gone nuts in the aftermarket, giving Shake Shack a .
A SHAKE SHACK for Uptown, Indoors
Upper West Siders will soon decide if Shake Shack can maintain its identity indoors.
SHAKE SHACK IPO prices far above expected range
(Reuters) - Growth-hungry investors snapped up shares offered by Shake Shack Inc (SHAK.N), setting the stage for a sizzling debut for the New York-based burger chain when its stock starts trading on Friday. Shares of the company, which has won a cult .
Shake Shack Rocks McDonalds to the Burger Patty - PSFK
Shake Shack is one of a string of hipster-ish fast food chains, including Five Guys, Chipotle and Smashburger, which are eating into McDonalds profits. On Friday, McDonalds reported a 15% plunge in global annual profits,��.
Why People Love Shake Shack - Business Insider
Shake Shack is known for long lines at its 34 locations in New York, New Jersey, Connecticut, Pennsylvania, Florida, and Massachusetts. The brand has also been expanding domestically (with new locations in Chicago and��.
Goldman Sachs Remaking a Hub in Battery Park City
From Patrick McGeehan at City Room:. Goldman Sachs has begun to unveil the designs it has on remaking its new neighborhood of Battery Park City.
IPO Roundup: Shake Shack Shares More Than Double Out of Gate
Shake Shack shares were up more than 132% to $48.78, with m ore than 12 million shares changing hands at last check. The chain priced its shares above the expected range of $17-$19 a share, which had been raised from the initial price range of $14 to .
New York Burger Stand on Boston’s Seafood Turf?
First the reviled Yankees won the World Series; now Shake Shack, the New York burger stand, might stake a claim in one of Boston’s most sacred spaces.
Cleverness Expressed in Felt-Tip Marker
Someone tweaks an advertisement with a familiar phrase, and a restaurant bill provokes curiosity.
For Mets Fans, a Menu Beyond Peanuts and Cracker Jack
At the soon-to-be-open Citi Field, the restaurateur Danny Meyer is refining the food offerings to include some high-concept choices.
SHAKE SHACK Sizzles With IPO As McDonalds Fizzles | WNIJ.
Shake Shack, the Manhattan-based burger chain, has a cult following, and investors gobbled up shares Friday when it became a publicly traded company. In.
Shake Shack IPO Buzz Builds as Offering Price Rises.
Announced on Wednesday, popular burger joint Shake Shack will increase the terms of its initial public offering from 5 million shares to 5.75 million, with an expected price jump to $17-$19 per share, up from the original��.
Shake Shack Shares Surge in Market Debut
Shares of Shake Shack Inc., a restaurant chain known for its burgers and crinkle-cut fries, jumped as much as 150% Friday in their market debut, indicating the appetite that investors have in so-called fast-casual restaurants. The stock opened at $47.
Kim Kardashians BFF Is Launching A SHAKE SHACK Rival
From Shake Shack to Five Guys to In-N-Out to now even McDonalds, there are dozens of chains trying to offer diners a well-cooked burger with their choice of fresh toppings, cheeses and an assortment of special sauces.
The Burger Remains a Work in Progress
At Danny Meyer’s Shake Shack, which just opened in Brooklyn, service is the star. The food, not so much.. Pete Wells reviews the Shake Shack restaurant chain, which has multiple locations in New York City.
SHAKE SHACK set to shake up Wall Street
At $21 a share, Shake Shack is raising $105 million, making the company worth $745.5 million. Shake Shack (SHAK) is set to debut on the New York Stock Exchange Friday morning. To celebrate its first day as a public company, Shake Shack said it will.
Shake Shack IPO Is Hot but Can It Match Chipotle?
Growth-hungry investors are lining up for shares of burger chain Shake Shack Inc, whose initial public offering will be priced after the U.S. stock market closes on Thursday.
Danny Meyer (Probably) a Billionaire After SHAKE SHACK IPO.
Danny Meyer, founder of Shake Shack, is seeing all sorts of green after todays IPO going public. Now theyre saying that Shake Shacks shares, originally propositioned at about $17 per share, are now going for $47 to $51��.
Shake Shack Inc.
Shake Shack Inc.
Burger Heaven: Investors Gorge On SHAKE SHACKs IPO
Other shareholders reaping the benefits Friday: private equity firm Leonard Green, Select Equity Group, Alliance Consumer Growth, Jeff Flug ��� a Shake Shack board member who serves as president of Union Square Hospitality Group, the parent company of .
Economical Option for Roomier Taxis; Culinary Attraction in Madison Square Park (2 Letters)
Economical Option.
Shake Shack IPO prices above expected range
NEW YORK ��� Investors apparently have a craving for a better burger. Hamburger chain Shake Shack has priced its initial public stock offering at $21 per share, above its proposed range of $17 to $19 per share. It sold 5 million shares, raising $105.
More Crowded Crowds: Grand Central to Welcome Apple and Shake Shack
The Metropolitan Transportation Authority is gearing up to face a new challenge in traffic control: managing the masses of people lining up at Grand Central for the latest Apple release or Shake Shack burgers.. The two stores could pose logistical challenges for the M.T.A., which must accommodate masses of customers in addition to masses of commuters.
Entrepreneurial Lessons From Shake Shacks Founder
Yes, its Shake Shack. And as seen with todays IPO ��� up 132% ��� the company has no trouble finding enthusiastic investors. Shake Shack is the mastermind of Danny Meyer, who launched the company about 14 years ago. But it still appears to be in the.
Investors crave SHAKE SHACK: IPO prices above expected.
Hamburger chain Shake Shack Inc. has priced its initial public stock offering at $21 per share, above its proposed range of $17 to $19 per share. Shake Shack cooks burgers to order and promotes its use of natural ingredients��.
SHAKE SHACK Soars in Stock-Market Debut
(Bloomberg) -- Shake Shack Inc. soared in its debut on the New York Stock Exchange after raising $105 million in an initial public offering, bolstered by investor demand for more upscale fast food. Shares of the burger chain more than doubled to $48.54.
7 Reasons To Shake Off Shake Shacks IPO
But I have near 100% certainty that when Shake Shack ��� the restaurant chain offering ���premium burgers, hot dogs, crinkle-cut fries, shakes, frozen custard, beer and wine��� ��� sells shares to the public later this morning, they will explode upwards.
SHAKE SHACK IPO: Everything You Need to Know
Burger chain Shake Shack is expected to go public Friday in a much-hyped IPO thats just the latest sign of the rise of so-called fast-casual restaurants that promise higher quality food, even if it is at higher prices than those at giant chains like.
Shake Shack IPO Filing - Business Insider
Shake Shack just filed for an initial public offering. Among the notable numbers is Shake Shacks revenue, which totaled $82.5 million for the fiscal year ended Dec. 25, 2013, and which totaled $83.8 million for the nine months��.
Steak n Shake Comes to New York
For its first outlet in New York, Steak n Shake Signature, opening Thursday in the theater district, the Steak n Shake chain is making some additions to its menu. Along with the chains original smashed four-ounce burger, pressed on the griddle to be thin and crisp, the new shop has a six-ounce Signature Steakburger made with organic beef and only gently pressed. And for the first time, there will be beer and wine. This sleek, 20-seat spot has new self-service Coke machines to permit custom flavorings.. Its the Midwest inspiration for Shake Shack.
SHAKE SHACK IPO Vaults Shares Into Nosebleed Territory
Shares of Shake Shack Inc more than doubled on Friday, putting a nearly $2 billion price tag on the small cult hamburger chain, in a huge bet that its growth can match top performers in the crowded fast-casual dining space.
New Tenant Lifts a Manhattan Street
Merchants along East 86th Street hope that a new Shake Shack will improve development in the neighborhood.
A Bull Market for SHAKE SHACK Burgers
. Shake Shack was already popular on Wall Street for its burgers, fries and shakes. But its hottest menu item on Friday was its stock, except perhaps for the free hamburgers.
Shake Shack IPO: SHAK shares more than double on.
Shares of Shake Shack Inc. have more than doubled minutes after they debuted on the stock market debut Friday. The New York-based burger chain raised $105 million, selling 5 million shares at $21 per share, more than��.
Shake Shack Plans to Raise Up to $80 Million from IPO.
Shake Shack-IPO Mark Kennedy/AP NEW YORK -- Burger chain Shake Shack, which got its start as a hot dog cart in New York City, plans to raise up to $80 million from an initial public offering of its common stock.
Shake Shack Set to Shake Market with IPO | Last Financier.
Shake Shack started out as a burger stand in Madison Square Park at the heart of Manhattan and has grown to 63 locations worldwide, including prime locations in Moscow, London and Dubai. The creation by famous NYC��.
SHAKE SHACK IPO Proves Its Possible To Make Money And.
Heres proof that its possible for a burger joint to both pay its workers well and still make money. Shake Shack on Monday declared its intention to go public, filing the necessary paperwork with the Securities and Exchange��.
The Burgers Are Coming, but Lines Worry the Neighbors
Plans for Shake Shack to open an indoor restaurant on the Upper West Side have residents excited but also a touch worried about the lines that could follow.
Are You Being Served?
The restaurateur Danny Meyer offers businesses advice on hospitality.
Seven Burgers Go Up Against Shake Shacks
This week, Im reviewing the Shake Shack chain in New York City. Since the food there is, admittedly, pretty simple, and since I had a few issues with the core of the Shake menu, Im going to take a week off from my usual Five Dishes post. Instead, lets talk burgers for a minute.. Pete Wells, The Timess restaurant critic, tests several burgers against Shake Shacks.
SHAKE SHACK, Born in a Park, Is Going Public With Big Dreams
That stand has morphed into Shake Shack, a burger-and-crinkle-fries empire with outposts in London, Dubai, Istanbul and Las Vegas. On Friday, it will begin trading on the New York Stock Exchange with a valuation of about $745 million, and will increase Mr.
SHAKE SHACK raises projected price range for its IPO.
NEW YORK (AP) ��� Shake Shack increased the projected price range for its initial public offering of stock in the burger chain. The fast-growing company, which began as a New York City hot dog cart in 2001, said in a��.