Why Is Shake Shack (SHAK) Stock Soaring Today
Shares of fast-food chain Shake Shack (NYSE:SHAK) jumped 13.7% in the pre-market session after the company reported impressive fourth-quarter results that beat analysts' earnings and EBITDA expectations while revenue was in line. Looking ahead, management issued 2025 guidance with revenue exceeding forecasts and outlined a three-year plan that was encouraging, calling for healthy low/mid-teens EBITDA growth over that period. Overall, the quarter delivered key positives, with strong revenue growt