Shake Shack Slumps As "Chicken Spin-Off" Gains Disappear

Tyler Durden
By Tyler Durden of Zero Hedge
Writer at ZeroHedge •

The catalyst appears to be news that popular gourmet sandwich chain Jimmy John's is preparing for an IPO.

Who could have seen that coming?

A 30% surge on talk of Shake Shack moving into Chicken... is gone.

 

The catalyst appears to be news that popular gourmet sandwich chain Jimmy John's is preparing for an IPO.

STOCKS IN THIS ARTICLE

SHAK
Track all markets on TradingView

More from this Author

OpenAI Misses Revenue, User Targets As CFO Fears $1.5 Trillion In Commitments Can't Be Paid

OpenAI Misses Revenue, User Targets As CFO Fears $1.5 Trillion In Commitments Can't Be Paid

Tyler Durden •
Is Anthropic Coming For eBay?

Is Anthropic Coming For eBay?

Tyler Durden •
China Curbs US Investment In Tech Companies After Meta Acquisition Of Manus

China Curbs US Investment In Tech Companies After Meta Acquisition Of Manus

Tyler Durden •

Comments

Back to all articles