Shake Shack now expects IPO to be priced higher at $17-$19 a share
January 28, 2015 at 07:29 AM EST
The New York-based burger chain now sees its initial public offering to be priced between $17 and $19 per share, higher than the $14 to $16 range previously expected. The new range values the company at up to $674.5 million.