Mane Global Sells Out of its $80 Million Shake Shack Position: Is the Growth Stock in Trouble?

Mane Global Sells Out of its $80 Million Shake Shack Position: Is the Growth Stock in Trouble?

Key PointsMane Global sold 570,507 Shake Shack shares, with a net position change of $80.21 million.The transaction represented approximately 3.65% of third-quarter 13F reportable assets under management.Mane's post-trade stake stands at zero shares, valued at $0.The position was previously approximately 3.4% of the fund's AUM as of the prior quarter.These 10 stocks could mint the next wave of millionaires › Mane Global Capital Management LP ful…