Shake Shack operates and licenses restaurants serving a variety of American foods, including burgers and shakes, and is headquartered in New York City with 12,196 employees. The company went public on January 30, 2015, and has approximately 518 locations worldwide.
SHAK has been in the news recently: Cantor Fitzgerald has identified Nvidia and Broadcom as top investment picks, while Baird has upgraded Aaon following significant orders for cooling equipment. Additionally, California saw a nearly 30% drop in job openings in August 2023, which may impact businesses like Shake Shack.
📡️ Consumer Discretionary
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