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The Top Two Takeaways from Shake Shack's Shakeout (NYSE: SHAK)
Morgan Stanley recently shocked investors by claiming that Shake Shack stock (NYSE: SHAK) was too expensive. The investment firm claimed that SHAK offered "brand related optimism that is not supported by fundamentals."
We couldn't agree more.
Here are the top two takeaways from Shake Shack's shakeout...
Morgan Stanley recently shocked investors by claiming that Shake Shack stock (NYSE: SHAK) was too expensive. The investment firm claimed that SHAK offered "brand related optimism that is not supported by fundamentals."
We couldn't agree more.
Here are the top two takeaways from Shake Shack's shakeout...