Shake Shack valuation could hit $500M

Shake Shack valuation could hit $500M

Company prices public offering at $14 to $16 per share

Shake Shack Inc. priced shares Tuesday for its upcoming initial public offering at $14 to $16, an amount that would give the New York City-based burger chain a valuation of more than $500 million before trading even begins.

If the company’s stock trades at the top of that range, Shake Shack would raise $80 million in its IPO and have a valuation of $568 million, based on the company’s SEC documents.

Shake Shack’s IPO price could go even higher than that, given the amou

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