Photo Feature

Shaking it up

Along with investors, hundreds of New Yorkers made the most of Shake Shack's debut on the New York Stock Exchange

Shake Shack and its investors are not the only ones gaining from its debut on the stock market. While investors gobbled up the stock valuing it at $2 billion, hundreds of New Yorkers feasted on free burgers outside NYSE after its stock, priced at $21, jumped to almost $50 and closed at around $46. Most content of all, however, seems to be founder Danny Meyer. Having raised $105 million through its IPO, his stake was last valued at $342 million. Not bad for something that started out from a food cart.