Name: Shake Shack (SHAK) Stock Drops Due To Inflationary Pressures
Uploaded: 2022-02-18T19:00:56.451
Duration: 7 min 45 s
Description: The Shake Shack (SHAK) earnings report revealed -$0.11 in EPS and $203.3M in revenue. The SHAK stock price is down over 3% so far today due to inflation pressures weighing on revenues and guidance. Wedbush's Nick Setyan says that they have lowered the Shake Shack price target to $100 and are maintaining an outperform rating. What is the outlook for the company? Lee Bohl provides his take as well.

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The Shake Shack (SHAK) earnings report revealed -$0.11 in EPS and $203.3M in revenue. The SHAK stock price is down over 3% so far today due to inflation pressures weighing on revenues and guidance. Wedbush's Nick Setyan says that they have lowered the Shake Shack price target to $100 and are maintaining an outperform rating. What is the outlook for the company? Lee Bohl provides his take as well.

Shake Shack (SHAK) Stock Drops Due To Inflationary Pressures

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