Shake Shack, Inc. (SHAK) News
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SHAK News Highlights
- For SHAK, its 30 day story count is now at 26.
- Over the past 20 days, the trend for SHAK's stories per day has been choppy and unclear. It has oscillated between 1 and 11.
- The most mentioned tickers in articles about SHAK are ROKU, BEAT and DASH.
Latest SHAK News From Around the Web
Below are the latest news stories about Shake Shack Inc that investors may wish to consider to help them evaluate SHAK as an investment opportunity.
Shake Shack (NYSE: SHAK) recently served up mixed fourth-quarter earnings results for investors. Revenue has finally eclipsed pre-pandemic levels as comparable-store sales rose 2% compared to 2019. Shake Shack got help from rising prices and popular sandwich and drink launches.
We last reviewed the charts of Shake Shack on January 11 and told Real Money readers that "I am not convinced that I should chase SHAK here, but I will consider buying a pullback." The share price of SHAK weakened into late January and then bounced only to suffer a more recent pullback. In this updated daily bar chart of SHAK, below, we can see that the rally into February stopped short of the declining 200-day moving average line.
Shake Shack offered a weaker-than-expected sales outlook for the current quarter, citing volatility from the Omicron variant.
Inflation-based price hikes to reach nearly 7%
The following slide deck was published by Shake Shack Inc. in conjunction with their 2021 Q4 earnings call....
Losers page, we’ve identified the top five pre-market stock movers, as detailed below. Biggest Movers Alleghany Corporation (Y), the provider of property and casualty reinsurance and insurance products in the United States and internationally, proved to be the biggest laggard in the pre-market trading session on Friday. The stock plunged around 94% at the time of writing. There is no fundamental news explaining this trading frenzy. Another loser, American TV streaming platform Roku, Inc.
Shares of Shake Shack, Inc. (SHAK) declined 11% in Thursday’s extended trading session despite the company’s lower-than-expected Q4 loss. The company reported an adjusted loss of $0.11 per share, which compares unfavorably with a loss of $0.03 per share reported in the last year’s quarter. However, the figure was below the analysts’ expectations of a loss of $0.18 per share. Revenues during the quarter jumped 29% year-over-year to $203.3 million, in line with the consensus estimate. The upside can be attributed to 28.5% and 46.8% growth in shack sales and licensing revenue, respectively.
Gas price predictions for 2022 aren't looking good if we believe one expert's opinion on what'll happen if Russia invades Ukraine.
Energy Vault (NRGV) stock is on the rise Friday as retail investors pump up the stock following its public debut on Monday!
Redfin (RDFN) stock is slipping on Friday following the release of the real estate company's earnings report for the fourth quarter of 2021.