Shake Shack (NYSE:SHAK) reported quarterly sales of $230.75 million which missed the analyst consensus estimate of $238.26 million by 3.15 percent. This is a 23.09 percent increase over sales of $187.46 million the same period last year.
Needham Downgrades Globus Medical to Hold
Needham analyst David Saxon downgrades Globus Medical (NYSE:GMED) from Buy to Hold.