Starboard Value CEO Jeff Smith says his firm has built a new stake in Shake Shack, describing the burger chain as a great, undervalued brand that can grow faste

BWB News TV • 2026-08-05 19:40 UTC • By Billy Odell Tucker-Robinson

Starboard Value CEO Jeff Smith says his firm has built a new stake in Shake Shack, describing the burger chain as a great, undervalued brand that can grow faster by leaning into franchising in the US [▻](https://video.twimg.com/amplify_video/2085088451087454208/vid/avc1/7…

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