Shake Shack stock spiked more than 130 percent in its trading debut Friday after pricing at $21 per share. Restaurateur Danny Meyer started Shake Shack, which debuted under the ticker symbol 'SHAK,' in 2001 out of a hot dog cart in a New York City park.
Shares of Apple (AAPL) briefly hit a record $120 apiece Friday, getting investors to play make-believe of just how high this darling stock can fly.
(Bloomberg) -- Chevron Corp. slashed its drilling budget by the most in 12 years, suspended share buybacks and laid off workers as energy producers around the world curtail ambitions to cope with free-falling oil prices.
SAN FRANCISCO - Jeff Bezos showed Amazon.com can still pull out a profit, though the chief executive officer made no promises that he'll do it again next quarter.
JP Morgan told investors in a research report on Friday that it had raised the price target on Northrop Grumman Corporation (NYSE:NOC) stock from $122 to $135.