Professor Elam

Wed Nov 6, 2019

Shack Shake Shares Dive on Sales Results

Recent events at SHAK support the idea that social mood moves stock prices.

SHAK has traded over 100 price earnings ration

Compare that to industry leaders

MCD        23

JACK        17

WEN        33

SHAK operates about 200 restaurants but is valued at $4 billion about the same as Wendys. Wendys operates 6,711 restaurants.

WEN

JACK 2,200 Restaurants