Does Shake Shack, Inc. (SHAK) stock go up or down depending on the month?
Shake Shack, Inc. month by month, year by year
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +9.1% | +8.4% | -7.9% | +15.8% | -37.2% | -12.9% | +12.0% | |||||
| 2025 | -9.0% | -8.1% | -18.8% | -0.5% | +47.9% | +8.3% | -14.4% | -11.9% | -11.7% | +3.1% | -9.4% | -7.2% |
| 2024 | +1.9% | +40.7% | -2.2% | +1.7% | -10.4% | -5.2% | -2.6% | +13.5% | +3.8% | +17.9% | +9.9% | -2.9% |
| 2023 | +37.0% | -1.9% | -0.5% | -1.2% | +20.7% | +17.5% | -0.1% | -9.9% | -17.0% | -3.5% | +8.1% | +22.4% |
| 2022 | -8.4% | +13.1% | -9.1% | -14.8% | -15.9% | -18.8% | +30.3% | -7.4% | -5.6% | +23.5% | -5.3% | -21.0% |
| 2021 | +33.8% | +4.5% | -4.8% | -3.6% | -13.6% | +13.9% | -6.1% | -13.7% | -9.6% | -11.8% | +5.5% | -1.1% |
| 2020 | +13.2% | -11.9% | -36.5% | +44.4% | +1.9% | -4.6% | -8.4% | +40.6% | -5.5% | +4.7% | +20.9% | +3.8% |
| 2019 | +5.2% | +15.5% | +7.3% | +3.6% | +0.1% | +17.7% | +3.4% | +32.8% | -1.1% | -16.1% | -24.7% | -3.9% |
| 2018 | +1.2% | -10.8% | +6.8% | +14.4% | +25.2% | +11.0% | -5.8% | -3.0% | +4.2% | -16.1% | +5.0% | -18.2% |
| 2017 | -1.3% | +1.5% | -6.8% | +1.6% | +9.1% | -5.8% | -5.4% | -6.3% | +7.5% | +14.2% | +8.3% | +5.1% |
| 2016 | -12.7% | +20.4% | -10.4% | -2.1% | +4.9% | -4.9% | +9.8% | -11.8% | -1.8% | -8.0% | +15.6% | -3.0% |
| 2015 | -6.0% | +16.0% | +37.4% | +20.5% | -27.2% | +12.9% | -26.6% | -5.1% | -3.9% | +0.8% | -13.8% | |
| Average | +6.4% | +5.4% | -5.6% | +8.1% | +4.4% | -0.9% | +2.1% | -0.3% | -3.8% | +0.4% | +3.2% | -3.6% |
| % of years up | 64% | 58% | 25% | 58% | 67% | 42% | 42% | 27% | 27% | 45% | 73% | 27% |
| Years observed | 11 | 12 | 12 | 12 | 12 | 12 | 12 | 11 | 11 | 11 | 11 | 11 |
Shake Shack, Inc. month by month: the summary
Over 2015-2026, here's what Shake Shack, Inc. (SHAK) stock did each month, on average: January +6.4% (up 64% of 11 years), February +5.4% (up 58% of 12 years), March -5.6% (up 25% of 12 years), April +8.1% (up 58% of 12 years), May +4.4% (up 67% of 12 years), June -0.9% (up 42% of 12 years), July +2.1% (up 42% of 12 years), August -0.3% (up 27% of 11 years), September -3.8% (up 27% of 11 years), October +0.4% (up 45% of 11 years), November +3.2% (up 73% of 11 years), December -3.6% (up 27% of 11 years). In other words, SHAK historically rose in January, February, April, May, July, October, November, and fell in March, June, August, September, December.
Does Shake Shack, Inc. really go up in April?
Over 2015-2026, April is Shake Shack, Inc.'s strongest month: +8.1% on average, positive in 7 of 12 years. At the other end, March shows -5.6%. But a monthly gap is often built on one or two extreme years — the table above shows it: look at the spread, not just the average. Seasonality only means something when it has a cause (selling season, earnings calendar, year-end tax effects); with no identified cause, it's probably noise.
Frequently asked questions
Does Shake Shack, Inc. stock go up or down in November?
Over 11 years, SHAK rose +3.2% on average in November, finishing the month up 8 times out of 11 (73%). Median: +5.5%. It's one of its most consistent months. ⚠️ 11 years of data is not a prediction.
Does Shake Shack, Inc. stock go up or down in August?
Over 11 years, SHAK fell -0.3% on average in August, finishing the month up 3 times out of 11 (27%). Median: -7.4%. It's one of its weakest months. ⚠️ 11 years of data is not a prediction.
Does Shake Shack, Inc. stock go up or down in January?
Over 11 years, SHAK rose +6.4% on average in January, finishing the month up 7 times out of 11 (64%). Median: +1.9%. Results are split year to year — there's no clear pattern. ⚠️ 11 years of data is not a prediction.
Does Shake Shack, Inc. stock go up or down in February?
Over 12 years, SHAK rose +5.4% on average in February, finishing the month up 7 times out of 12 (58%). Median: +3.0%. Results are split year to year — there's no clear pattern. ⚠️ 12 years of data is not a prediction.
Does Shake Shack, Inc. stock go up or down in May?
Over 12 years, SHAK rose +4.4% on average in May, finishing the month up 8 times out of 12 (67%). Median: +3.4%. Results are split year to year — there's no clear pattern. ⚠️ 12 years of data is not a prediction.
Does Shake Shack, Inc. stock go up or down in September?
Over 11 years, SHAK fell -3.8% on average in September, finishing the month up 3 times out of 11 (27%). Median: -5.1%. It's one of its weakest months. ⚠️ 11 years of data is not a prediction.
What is the best month to buy Shake Shack, Inc. stock?
Historically, April: over the last 12 years, SHAK gained +8.1% on average that month and finished up 58% of the time (12 years observed). March is the weakest month (-5.6%). This is not a prediction: 12 years is a small sample, and the past is under no obligation to repeat.
Why does Shake Shack, Inc. stock often rise in April?
April has averaged as its best month over 12 years (+8.1%, up 58% of years). No clearly established recurring seasonal driver explains this month — it's a statistical tendency over 12 years of history, not a prediction.
Is there a best month to invest in the stock market in general?
There's no universal rule: every stock has its own seasonality. For SHAK it's April (+8.1% on average over 12 years) — another stock will look completely different. The calendar effects people cite ("sell in May", the year-end rally) are market-wide averages, not laws: on SHAK, November is the most consistent month (73% positive years). We also rank all 12 months for the whole market.
Does stock seasonality actually work?
Careful. A month that rose 12 times out of 12 can simply be chance: with 12 months and a dozen years, patterns appear naturally even in random data. Seasonality describes what happened; it doesn't explain why and predicts nothing. Treat it as context, never as a standalone buy signal.
What data is this table based on?
On SHAK's real monthly closing prices from 2015 to 2026 (12 years), source Yahoo Finance. Each cell = the price change over that month. Price performance, excluding dividends. Incomplete months and quote gaps are excluded.