Shake Shack Shares Fall 30% on Loss

Shares of Shake Shack plunged up to 30.4% to $67.21, hitting a two‑year low after Q1 results.
Company reported a quarterly loss of 1 cent per share versus 11 cents profit a year earlier, missing profit and revenue estimates.
Shake Shack named Michelle Hook as CFO effective May 11, succeeding Katherine Fogertey who left in early March.