Shares of burger chain Shake Shack Inc. SHAK, +1.47% hit a record of $89.55 early Thursday, after a report that the company is mulling opening a "chicken shack". CNBC reported that a unit of the company called SSE IP has filed a trademark application for "chicken shack", which it said would sell chicken sandwiches. Shake Shack shares have risen sharply since the company's initial public offering in January, which priced at $21 a share.
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