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Traders savor Shake Shack inventory on fatter-than-expected revenue

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Shake Shack Inc.’s inventory was rallying by greater than 19% on Thursday after the burger chain swung to a fourth-quarter revenue and beat analyst estimates.

Shake Shack’s inventory SHAK jumped by $15.12 to $93.19, its highest degree since 2021.

The New York-based fast-food chain mentioned it earned $6.77 million, or 15 cents a share within the fourth quarter….

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