INDIANAPOLIS Shares of Steak n Shake Co. fell to a seven-year low in trading on Monday following a report made after market Friday that the chain expected to report a loss for its first quarter ended Dec. 19. Steak n Shake's stock fell nearly 18 percent Monday to close at $7.80. Until Monday, Steak n Shake's stock over the past year had traded between $9.41 and $18.10. Steak n Shake said Friday that it expects a first-quarter loss of between 4 cents ...
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Contact: Desiree Torres Desiree.Torres@penton.com