- Shake Shack (SHAK +0.9%) is on an upswing this week with some ungrounded rumors still circulating on McDonald's (MCD +1%) having an interest in acquiring the high-growth burger chain.
- Shares of SHAK are up 4% on the week and are making a bid to reach $40 for the first time since March.
- Industry watcher Restaurant News summarizes the case for McDonald's to add the Shake Shack business, but also calls a deal "highly unlikely."
Shake Shack tracks higher amid chatter over a McDonald's buyout
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Symbol | Last Price | % Chg |
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SHAK | - | - |
Shake Shack Inc. |