Main Street bailout rewards U.S. restaurant chains, firms in rural states [Reuters]
Shake Shack, Inc. Class A (SHAK)
Last shake shack, inc. class a earnings: 2/24 04:05 pm
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Source: Reuters
Main Street bailout rewards U.S. restaurant chains, firms in rural states WASHINGTON/SAN FRANCISCO (Reuters) - Over two frantic weeks, the U.S. government pledged $350 billion to Main Street businesses across America desperate for cash after coronavirus lockdowns. Now a picture is emerging of who got the money. More than 25% of the total pot went to fewer than 2% of the firms that got relief. They include a number of publicly traded companies with thousands of employees and hundreds of millions of dollars in annual sales. The loans from the U.S. Small Business Administration - totaling $342.3 billion as of Thursday - went to companies in all 50 states, the District of Columbia and five U.S. territories, and were spread across all 20 of the main industry sectors. Congress directed the SBA to award $349 billion to struggling businesses with 500 or fewer workers as part of a $2.3 trillion coronavirus aid package that President Donald Trump signed into law on March 27. The Payroll Protect
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SHAK
News
- Shake Shack to Participate in Upcoming December Investor ConferencesBusiness Wire
- I tried the biggest burgers at 5 fast-food chains and ranked them from worst to best [Business Insider]Business Insider
- Should Shake Shack's (SHAK) Revenue Outlook and CFO Departure Prompt Investor Attention Now? [Yahoo! Finance]Yahoo! Finance
- Shake Shack (NYSE:SHAK) had its "strong-buy" rating reaffirmed by analysts at Raymond James Financial, Inc..MarketBeat
- Shake Shack (NYSE:SHAK) had its "hold" rating reaffirmed by analysts at Jefferies Financial Group Inc..MarketBeat
SHAK
Earnings
- 10/30/25 - Beat
SHAK
Sec Filings
- 11/26/25 - Form 4
- 11/25/25 - Form 144
- 11/25/25 - Form 8-K
- SHAK's page on the SEC website