RTTNews | Jan 11, 2022 09:58AM EST

09:58 Tuesday, January 11, 2022 (RTTNews.com) - Shares of restaurant chain Shake Shack Inc. (SHAK) are rising more than 9% in the morning trade on Tuesday after reporting preliminary fourth-quarter revenue, better than analysts' view.

The company reported revenue of $203.3 million in the fourth quarter, up 29% year-over-year. On average, 19 analysts polled by Thomson Reuters expect the company to report revenue of $197.92 million.

SHAK, currently at $74.85, has been trading in the ranger of $65.25- $138.38 in the past 52 weeks.

Read the original article on RTTNews ( https://www.rttnews.com/3254306/shake-shack-rises-as-prel-q4-revenue-better-than-analysts-view.aspx)

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