Why Shake Shack Stock Dropped 16% Tuesday Morning

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Why Shake Shack Stock Dropped 16% Tuesday Morning

Shares of Shake Shack (NYSE:SHAK), a burger chain with more than 280 locations in 30 states, dropped more than 16% early Tuesday morning as the market absorbed disappointing fourth-quarter results.
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Streaming Surge Turns US Recorded-Music Sales Up to $11 Billion

Recorded-music sales in the U.S. grew 13% last year to $11.1 billion—their highest point in more than a decade—as revenue continued to surge from streaming services such as Spotify and Apple Music. Streaming accounted for 80% of overall revenue in …
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Armchair Traveling @ The Heritage

I’ll be reading & sharing more Montana History this evening (Tuesday) up at the Marias Heritage Center as we’ll be doing some “armchair traveling” over to the Bitteroot Valley. We’ve just started a riveting read, “From Battlefields To Beet Fields.” “Doc” (L. Allen …
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HP Is Fighting Hard to Escape the Hostile Xerox Takeover

Information technology veteran HP (NYSE: HPQ) reported results for the first quarter of 2020 Monday evening. The maker of personal computers, workstations, printers, and related supplies posted a significant earnings surprise but followed up with a mixed …
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Former Google executive tapped to run Hulu as management shuffle continues

Walt Disney Co. continued to retool Hulu’s management on Tuesday, promoting Kelly Campbell to president of the popular streaming service. For nearly three years, Campbell has served as chief marketing officer of the Santa Monica based company. Now …
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