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And now Shake Shack shares are tumbling

Akin Oyedele   

And now Shake Shack shares are tumbling
Stock Market1 min read

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.

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Yahoo Finance


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

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