Starboard Value takes new position in Shake Shack...
Bloomberg Markets and Finance-YouTube
SHAK Stock On Track For Best Day In Over A Year As Starboard Value Reveals Stake Worth Hundreds Of Millions
According to a Bloomberg report published on Wednesday, Starboard Value Chief Executive Officer Jeff Smith said on Bloomberg TV that his firm has built a new position in the company.
Stocktwits
Shake Shack Tops Q2 Expectations as Sales Rise 17% and Labor Costs Ease
Shake Shack earnings topped estimates as revenue climbed 17.2%, though restaurant margins narrowed and costs rose.read more...
Shake Shack shares are surging Wednesday afternoon following news that activist hedge fund Starboard Value has taken a position in the fast-casual burger chain.read more...
Benzinga
Starboard Value CEO Jeff Smith on New Shake Shack Stake
Starboard Value CEO Jeff Smith on New Shake Shack Stake...
Bloomberg Markets and Finance-YouTube
Starboard Value Has Taken a Position in Shake Shack, CEO Smith Says
Starboard Value Has Taken a Position in Shake Shack, CEO Smith Says...