Shake Shack, the Manhattan-based burger chain, has a cult following, and investors gobbled up shares Friday when it became a publicly traded company.
In its initial public offering, shares were priced at $21, but they jumped to nearly $50 as trading began, and closed the day just under $46.
Aaron Allen, a consultant, says a revolution is taking place in the restaurant business.
from Rhode Island Public Radio http://ift.tt/1DgdNnM
Aucun commentaire:
Enregistrer un commentaire