Shake Shack Inc. (SHAK) shares tumbled 13.20 percent to $122.31 on Thursday following the release of its second-quarter 2025 earnings. While total revenue rose to $356.5 million from $316.5 million a year ago, and net income increased to $18.5 million from $10.4 million, the results appear to have fallen short of investor expectations.
The stock opened at $126.92 and swung between $113.01 and $127.65 during the session, with volume surging to 5.45 million shares compared to an average of 1.33 million on the New York Stock Exchange. Shake Shack had previously closed at $140.91. It now trades within a 52-week range of $72.93 to $144.65.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.