Question:
1. PLease use all the information and suggestions
IPO paper is SHAKE SHACK INC, which is a fast food restaurant.
1. Identify the company and its industry.
2. Discuss important financial and other facts about the company from its SEC filings: Number of shares offered in the IPO, the date of the IPO, the initial IPO Price.
3. How successful was the IPO in raising capital? How much capital was raised with the IPO? How was the trading volume after the IPO?
4. What has happened to the company since the IPO?
5. What is the trend in the stock price of the company since the IPO? How would you explain the stock trend (up or down) since the IPO? You are welcome to post a stock chart of the company's stock since the IPO date. (Please Note: Do not post extensive pages of stock price tables.)
6. Post a bibliography of sources used for your paper as your last page.
7. Do not follow the question list of the Mini Case. You are dealing with other issues in this IPO paper.
You can calculate the Ke(the expected return of the common stock investor, if the Beta of the company is available: ke = 2.89%
Risk Free Rate + ( Beta X 5.0% Points Risk Premium) = ??? This item No. 7 is optional.