Why Shake Shack Stock Was Falling Today

·2-min read
Why Shake Shack Stock Was Falling Today

Shares of Shake Shack (NYSE: SHAK) were sliding today after the fast-casual burger chain posted weaker-than-expected results in its first-quarter earnings report. Shake Shack is still struggling with headwinds from the pandemic, and the company said same-store sales were up 5.7%, though that lapped the period when it was first impacted by the pandemic.

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