Shake Shack Stock Drops After Revised Q2 Guidance
Shares of Shake Shack (SHAK) fell by over 10% after the company revised downward its second-quarter sales and same-store sales growth guidance. The fast-casual burger chain cited macroeconomic uncertainty as a factor, though it emphasized strong fundamental business drivers.
Tickers: $SHAK
Topics: guidance_revisions restaurant_sector stock_price_drop