Want a Piece of Bobby Flay’s Culinary Empire? An IPO Will Offer a Chance

Want a Piece of Bobby Flay’s Culinary Empire? An IPO Will Offer a Chance

“There are many, many places to get a burger,” said John Zolidis, a restaurant analyst who is president of Quo Vadis Capital. And the chain doesn’t have the same buzz as Shake Shack did before it went public in early 2015, Mr. Zolidis said. Shake Shack also has had its own challenges with Wall Street. The chain’s shares are down 2% this year compared with a 10% gain by the broader S&P 500 index.

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