Shake Shack (SHAK) Tops Q3 EPS by 5c; Boosts FY15 Revenue Outlook

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Go back to Shake Shack (SHAK) Tops Q3 EPS by 5c; Boosts FY15 Revenue Outlook

Shake Shack (SHAK) Lower Ahead of Lock-Up Expiration

November 9, 2015 3:45 PM EST

Shares of Shake Shack (NYSE: SHAK) are lower Monday as traders and investors focus on an upcoming lock-up expiration on the evening of November 10th.

On October 8, the company filed a prospectus relates to the offer and sale from time to time by the selling stockholders identified in this prospectus of up to an aggregate of 26,160,694 shares of Class A common stock, par value $0.001 per share, of Shake Shack Inc. Out of the 26,160,694 shares of Class A common stock that our selling stockholders may offer and sell, (i) 5,124,114 restricted shares of... More