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Starboard Stake Sends Shake Shack Soaring Wednesday

BenzingaAug 5, 2026, 5:01 PMHenry Khederian

Shake Shack shares are surging Wednesday afternoon following news that activist hedge fund Starboard Value has taken a position in the fast-casual burger chain.

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Source
benzinga
Observed
Aug 5, 2026, 5:01 PM
Checked
Aug 5, 2026, 5:01 PM
Cadence
Captured once, then retained as an archive reference
Status
fresh

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