Public Companies Rush To Repay Paycheck Protection Program Loans Amid Government Pressure [Forbes]
Shake Shack, Inc. Class A (SHAK)
Last shake shack, inc. class a earnings: 2/24 04:05 pm
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Source: Forbes
LightRocket via Getty ImagesRuth’s Hospitality GrouRUTHOn Thursday, the Treasury Department issued new guidance about the Administration’s Paycheck Protection Program, putting larger companies that tapped it on notice that they may be in hot water for breaching certifications they made when they applied for funding.“It is unlikely that a public company with substantial market value and access to capital markets will be able to make the required certification in good faith,” the Treasury Department said.Pressure has been building on the dozens of public companies that received emergency loans ever since the $349 billion Paycheck Protection Program for small businesses ran out of money last week. Some of those public companies have market capitalizations greater than $100 million.Today In:“The certification language in #PPP is real & Enforceable,” U.S. Senator Marco Rubio, a primary political force behind the program, said on twitter on Monday. “That is why any company (of any size) th
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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