Shake Shack IPO trading begins

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Crowds of burger lovers line up for free burgers outside the New York Stock Exchange decorated for the Shake Shack's first day of trading on their Initial Public Offering on Friday, January 30, 2015. The stock of the burger joint more than doubled so far after opening at $47 per share valuing the company at over $1 billion. The restaurant has 63 worldwide locations and started out in 2001 as a hot dog stand in Madison Square Park.(© Richard B. Levine)
Crowds of burger lovers line up for free burgers outside the New York Stock Exchange decorated for the Shake Shack's first day of trading on their Initial Public Offering on Friday, January 30, 2015. The stock of the burger joint more than doubled so far after opening at $47 per share valuing the company at over $1 billion. The restaurant has 63 worldwide locations and started out in 2001 as a hot dog stand in Madison Square Park.(© Richard B. Levine)
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