Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

And now Shake Shack shares are tumbling

Akin OyedeleApr 15, 2015, 21:59 IST

The rally is over.

Shares of the burger chain were down nearly 5% near noon on Wednesday after climbing by more than 11% on Tuesday to close a new all-time high.

There's no immediate news on the company, though the stock is up 30% from its IPO in January and has had a wild ride since its massive debut.

Shares of the company rose more than 120% on their first day of trading.

NOW WATCH: Here's what happened when I ordered Shake Shack's secret menu burger

Please enable Javascript to watch this video