The burger chain Shake Shack became a public company on Friday and investors ate up the stock. Shake Shack's shares soared to $52 in early trading from their inital price of $21, adding more than $386 million to founder Danny Meyer's net worth. Meyer owns 7,440,822 shares of Class B stock of Shake Shack, according to regulatory filings.

BING NEWS:
  • Shake Shack prepares to open third RI location – with a new feature
    Rhode Island will soon have its third Shake Shack. A Warwick location will join the chain with sites at Garden City in Cranston and on Thayer Street in Providence. Signs for the fast-casual burger ...
    05/28/2024 - 5:29 am | View Link
  • Restaurant wizard Danny Meyer says new grads should forget their college majors ASAP: ‘You’re your own boss right now’
    The founder of Shake Shack has some advice for graduates they may not want to hear: Your major doesn’t matter. In a Monday interview with Fortune, famed restaurateur Danny ... now.” Meyer, who boasts ...
    05/22/2024 - 4:34 am | View Link
  • Chick-fil-A ordered worker to stop posting TikTok hacks — now she has a deal with Shake Shack
    Webb posted her first video as a Shack Shake partner on April 21 and garnered 3.9 million views — and they now have a long-term partnership in the works. “CFA dropped the bag and Shake Shack ...
    05/13/2024 - 4:42 am | View Link
  • I went to Shake Shack for the first time. My nearly $60 meal for 2 tasted good, but the portion sizes felt a little stingy
    I ate at Shake Shack for the first time. My friend and I spent $57 on burgers, fries, drinks, and frozen custard. My vegan burger tasted delicious and I'd definitely order the frozen custard again.
    05/11/2024 - 11:38 pm | View Link
  • Costa Mesa welcomes second Shake Shack to Orange County
    Stephens, his City Council colleagues, district representatives, Shake Shack team members and other distinguished guests participated Thursday morning in a ribbon-cutting ceremony in honor of the ...
    05/10/2024 - 1:58 pm | View Link
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