Wall Street’s view of Shake Shack Inc. has moderated over the past two weeks. Since its stock price surged past $90 a share on May 22, seemingly on its way to triple digits, it has fallen more than 18 percent.
Restaurant Finance Watch: How big could Shake Shack get?
NRN editor and restaurant finance expert Jonathan Maze breaks down what you should be watching in the industry this week. Connect with him on the latest finance trends and news at @jonathanmaze and [email protected] RELATED: • Will an IPO lift a restaurant chain's sales? • How restaurants can take advantage of high valuations • More restaurant finance news