Published on Zero Hedge (http://www.zerohedge.com)

Home > Shake Shock - SHAK Crashes 15% From Overnight Highs

Shake Shock - SHAK Crashes 15% From Overnight Highs

By Tyler Durden
Created 08/11/2015 - 12:22
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 08/11/2015 12:22 -0500



 

From $79.94 exuberant bubble highs overnight to $67.50 lows now, SHAK has collapsed over 15% from its post-earnings highs as the reality of a burger chain selling for 100s of multiple of excited future earnings sets in...

 

 

Charts: Bloomberg

 

- advertisements -

Source URL: http://www.zerohedge.com/news/2015-08-11/shake-shack-crashes-15-overnight-highs

Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/12218