Investors savor Shake Shack stock on fatter-than-expected profit

Shake Shack Inc.’s stock was rallying by more than 20% in premarket trades on Thursday after the burger chain swung to a fourth-quarter profit and beat analyst estimates. Shake Shack’s stock SHAK rallied by $15.46 to $93.53, its highest level since 2021. The New York-based fast-food chain said it earned $6.77 million, or 15 cents a share in... Master your money. Subscribe to MarketWatch. Get this article and all of MarketWatch. Access from any device. Anywhere. Anytime. Subscribe Now Already a ...