Brind.

Starboard Value built a large position in Shake Shack.

1 report, 1 independent Updated Aug 5

AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

Shake Shack Starboard Value

Keep exploring

The entities involved

Shake Shack
fast casual burger restaurant
- Shake Shack started as a cart in Madison Square Park, and Wendy's was founded by Dave Thomas in 1969.Fri 05:44
- Shake Shack is involved in a mixed-use development in Erie County, which also includes Kenmore and King Condrell's Candy and Ice Cream.Thu 01:10
Starboard Value
hedge fund
- Activist investor Starboard Value disclosed its position and urged strategic alternatives regarding Knife River Corporation.Thu 23:22

Coverage

Newest first; wire copies grouped

Aug 5benzinga.com