Katie O'Brien
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Katie O'Brien in Senior Content Editor,

Shake Shack is Back Down

Shake Shack (NYSE: SHAK) shares hit an all time high yesterday, trading up 11 percent. However, it didn’t last very long, according to Business Insider. The New York-based burger and milkshake chain dropped 5 percent by midday Wednesday.

However, according to Business Insider, this is nothing to worry about. Since its market debut, the shares have traded up more than 30 percent.