Shares of Shake Shack Inc., rocketed up 119% on their first day of trading from their initial public offering price of $21 each, ending at $45.90 in 4 p.m. trading and giving the operator of 63 restaurants a valuation topping $1.6 billion.
WSJ.com: US Business, Wall Street Journal: Business
Fri, 01/30/2015 - 5:20pm
Shares of Shake Shack Inc., rocketed up 119% on their first day of trading from their initial public offering price of $21 each, ending at $45.90 in 4 p.m. trading and giving the operator of 63 restaurants a valuation topping $1.6 billion.