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Mane Global Sells Out of its $80 Million Shake Shack Position: Is the Growth Stock in Trouble?
The Motley Fool· 2025-11-26 14:03
Mane Global had previously held shares of Shake Shack for over a year, with the stock being its 8th-largest holding prior to its liquidation.Mane Global Capital Management LP fully exited its position in Shake Shack (SHAK +0.34%) during the third quarter, reducing the holding by 570,507 shares for an $80.21 million net change.What happenedAccording to a filing submitted to the U.S. Securities and Exchange Commission (SEC) on Nov. 14, 2025, Mane Global Capital sold its entire stake in Shake Shack during the ...