Why Shake Shack Stock Dropped 24.7% in November
Shares of Shake Shack (NYSE: SHAK) fell 24.7% in November, according to data from S&P Global Market Intelligence, after the restaurant chain announced underwhelming third-quarter 2019 results and mixed guidance.
To be sure, virtually all of Shake Shack's drop last month came on Nov. 5 alone, the first trading day after its quarterly update hit the wires.
Image source: Shake Shack.
Source Fool.com
