International Business Times: Shake Shack Inc (SHAK) Stock Price Soars 130% In IPO Debut
January 30, 2015
Ahead of the company’s IPO, Rapid Ratings International rated Shake Shack an 85, or “very low risk,” on its 0 to 100 scale that measures a company’s financial health. The rating indicates the company is an exceedingly healthy business, an outlier among its peers. “When you look at some of the more recent names to have gone public, such as Potbelly’s, El Pollo Loco and Dave & Buster’s, Shake Shack is definitely much stronger than those,” James Gellert, chairman and chief executive officer at Rapid Ratings International, said.