Shake Shock: Shake Shack’s IPO is Out of Control
January 30, 2015 at 12:28 PM EST
Shake Shack’s (SHAK) IPO is officially out of control. Michael Nagle/Bloomberg News Shares of Shake Shack are trading at $48.55 at 12:08 p.m. today, up more than 130% from the offering price of 21. As a result, Shake Shack now has a market cap of $1.7 billion. Whoever got shares of this IPO owe their [...]
