Shake Shack’s stock may be down significantly from its highs but CEO Randy Garutti isn’t concerned, telling CNBC the burger chain’s growth “is a “long-run story.”
Shares of Shake Shack are up 16 percent in the last three months, but are down 17 percent since the company’s initial public offering in January 2015. After a big runup, the stock is now down about 50 percent from its highs two years ago.
June 08, 2017 at 10:31PM
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