Activist investor Starboard takes new position in Shake Shack, Bloomberg News reports

Starboard Reveals Shake Shack Stake | Bloomberg Deals 8/5/2026

A weekly, midday program that delivers high-impact, editorially driven coverage of the most important corporate transactions shaping the global market. Today's guests: Starboard CEO Jeff Smith, Salesforce Ventures Managing Director Emily Zhao, Dell Technologies Capital Managing Director Daniel Doctor, Breakout Ventures Co-Founder & Managing Partner Julia Moore, White & Case Global Co-Head of M&A Kimberly Petillo-Décossard, and DGB Investments Fo…

Activist investor Starboard takes stake in Shake Shack, source says

Starboard Value previously made investments in other restaurant companies such as french fry supplier Lamb Weston as well as coffee chain Starbucks.

Activist investor Starboard takes new position in Shake Shack, Bloomberg News reports

Aug 5 (Reuters) - Activist investor Starboard Value ​has built ‌a new stake in Shake Shack, Bloomberg News ‌reported ​on ⁠Wednesday, citing ⁠the hedge fund's CEO Jeff Smith. Shares of the ​company rose 11% in ⁠afternoon ⁠trading. Starboard has ​a posit...

Shake Shack’s sales rise, thanks in part to the World Cup

But soaring beef costs continue to pressure the fast-casual chain’s profitability.