mardi 7 juillet 2015

Shake Shack Stock Getting Smoked On Morgan Stanley Downgrade

Shake Shack shares are plunging more than 9% in early Tuesday trading, but it's not because Wall Street is annoyed that the chain's new fried chicken sandwich is only available across the river in Brooklyn. Or at least, it's not only because the new sandwich has a limited release. Rather, Shake Shack is getting smoked because one Wall Street firm has downgraded its stock, calling it overpriced.

from Forbes Real Time http://onforb.es/1CkX5bs

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