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NYSE: SHAKShake Shack (SHAK) stock, explained like you're 5
Shake Shack trades on the New York Stock Exchange under the ticker SHAK. It is a mid cap company in the restaurants industry, part of the consumer cyclical sector, with a market value of about 2.9 billion dollars.
- Ticker
- SHAK
- Exchange
- New York Stock Exchange
- Sector
- Consumer Cyclical
- Industry
- Restaurants
- Size
- Mid cap, about 2.9 billion dollars
Is Shake Shack a small, medium or large cap company?
No. Shake Shack is a mid cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 2.9 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Shake Shack makes money
- Selling products and services people buy when they feel confident, like cars, travel, shopping and dining.
- Online and in store sales.
- Memberships, financing and services around the main product.
What moves SHAK stock
- How confident shoppers feel and how much they spend.
- Interest rates, which affect big purchases.
- Prices, costs and competition.
In the news lately
- SHAK Stock On Track For Best Day In Over A Year As Starboard Value Reveals Stake Worth Hundreds Of Millions (Stocktwits)
- Shake Shack (SHAK), Why Is It Drawing Fresh Attention Today? (Simply Wall Street)
- Jack in the Box, Domino's, CAVA, Shake Shack, and Wingstop Shares Are Falling, What You Need To Know (Yahoo Finance)
- Guggenheim cuts Shake Shack stock price target on lower EBITDA outlook (Investing.com)
- Shake Shack (NYSE:SHAK) Stock Sees Unusually High Call Option Buying (MarketBeat)
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Questions about Shake Shack stock
What does Shake Shack do?
Shake Shack trades on the New York Stock Exchange under the ticker SHAK. It is a mid cap company in the restaurants industry, part of the consumer cyclical sector, with a market value of about 2.9 billion dollars.
What is the ticker symbol for Shake Shack?
Shake Shack trades under the ticker SHAK on the New York Stock Exchange.
What is Shake Shack's market cap?
Shake Shack is a mid cap stock with a market cap of about 2.9 billion dollars.
How does Shake Shack make money?
Selling products and services people buy when they feel confident, like cars, travel, shopping and dining. Online and in store sales. Memberships, financing and services around the main product.
What moves SHAK stock?
How confident shoppers feel and how much they spend. Interest rates, which affect big purchases. Prices, costs and competition.
How can I follow SHAK stock every day?
Add SHAK to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.
