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Thursday, 29 January 2015

Shake Shack prices IPO at $21, above range: CNBC, citing DJ

Passersby walk in front of the Shake Shack restaurant in the Manhattan borough of New York NEW YORK (Reuters) - Burger chain Shake Shack Inc has priced its initial public offering at $21 a share, CNBC reported, citing Dow Jones newswires, above the expected range. On Wednesday, the casual dining chain had raised its expected IPO price to a range of $17 to $19 a share from a previous $14 to $16. (Reporting By Christian Plumb; Editing by Chris Reese)








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