Comment on Investors crave Shake Shack: IPO prices above expected range

Investors crave Shake Shack: IPO prices above expected range

Hamburger chain Shake Shack Inc. has priced its initial public stock offering at $21 per share, above its proposed range of $17 to $19 per share. Shake Shack cooks burgers to order and promotes its use of natural ingredients, emblematic of what's known as the "better burger" trend.

 

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