Shake Shack increases IPO price

Shake Shack increases IPO price

Offering expected to be one of most successful in restaurant industry history

Shake Shack Inc.’s initial public offering is still two days away, but its stock price has already increased.

On Wednesday, the New York City-based burger chain increased the price range for its IPO Friday to $17 to $19 per share, $3 per share higher than the initial $14 to $16 range Shake Shack estimated last week.

The price range of an

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