Shake Shack (SHAK) shares jumped after the fast-casual restaurant chain announced better-than-expected fourth-quarter results. Wealth Host Brad Smith joined by Madison Mills examined the earnings report and analyst commentary surrounding the stock.
The company reported stronger sales than anticipated, with some analysts predicting a slower Q4 due to pandemic-related headwinds. However, Shake Shack’s ability to adapt and innovate in the market helped drive its success.
With this latest development, investors are taking notice, and SHAK shares have seen significant gains. To stay ahead of the market, Wealth offers expert insights and analysis on the latest market action, including market minute reports and in-depth commentary from top analysts.
Source: https://finance.yahoo.com/video/shake-shack-stock-jumps-investors-164816596.html