Your email has been successfully added to our mailing list.

×
0 0.00064641241111823 -0.000738757041278034 0.0022162711238341 0.00470957613814748 0.00387847446670978 -0.00166220334287567 -0.00166220334287567
Stock impact report

Shake Shack (SHAK) Stock Trades Down, Here Is Why [Yahoo! Finance]

Shake Shack, Inc. Class A (SHAK) 
Last shake shack, inc. class a earnings: 2/24 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Shares of fast-food chain Shake Shack (NYSE:SHAK) fell 3.3% in the morning session after the stock fell in sympathy with competitor Cava Group, which reported disappointing sales and cut its full-year guidance, fueling concerns about a broader slowdown in the fast-casual restaurant sector. Cava's stock plummeted after the company reported same-store sales growth of just 2.1%, well below analyst expectations, and subsequently cut its full-year guidance. This news sent a chill through the industry, impacting peers like Shake Shack, which has also recently expressed concerns about the economy. The negative sentiment was compounded by Shake Shack's own recent performance, which included a modest 1.8% same-store sales increase that was accompanied by a 1% decline in customer traffic, making its stock particularly vulnerable to signs of a broader spending slowdown. Show less Read more
Impact Snapshot
Event Time:
SHAK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for SHAK alerts
Opt-in for
SHAK alerts

from News Quantified
Opt-in for
SHAK alerts

from News Quantified