Shake Shack’s Undefinable Risk
May 27, 2015 at 09:50 AM EDT
Shake Shack’s (SHAK) parabolic rise is creating parabolic risk. JOHN LOCHER/ASSOCIATED PRESS With the cult stock sputtering as concerns about valuation metrics – Shake Shack’s and the Standard & Poor’s 500 – investors have little way to hedge the cult stock’s risk. Shake Shack trades at about 1,200 times trailing earnings. Investors are starting to [...]
