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.

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Source Fool.com