Loop Capital’s Alton Stump rates Shake Shack a Buy, arguing that the stock’s more than 30% decline since early July and worries about softer October comparable sales are overdone. He set a price target 41% above Thursday’s close

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Shake Shack is expanding to Hawaii in 2027 through a partnership with Honolulu-based Union MAK Corp, which will be its exclusive licensed partner on Oahu.

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Delta has partnered with Shake Shack to serve cheeseburgers to first-class passengers on flights over 900 miles.

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