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Why Shake Shack Stock Was Heating Up Today

TheMotleyFool

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Why Shake Shack Stock Was Heating Up TodayPhoto, wide shot, wide-angle lens, Home decor store, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.theapi.app/temp/1f534af1-8f1f-47f4-aa9f-66269ecafb79.png

Shake Shack (NYSE: SHAK) shares were cooking up something special today as the high-end fast-food chain posted strong second-quarter results and announced a new partnership with Grubhub (NYSE: GRUB), signaling its intent to dive further into the fast-growing app-based food delivery trend.

Shares were up 17.7% as of 2:51 p.m. EDT, touching a four-year high.

Image source: Shake Shack.

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