Broken Moats on X
ELF, CAVA, Shake Shack and Birkenstock surged 30% to 60% within weeks despite weak sales or lower outlooks, raising questions about rate, oil and short-squeeze driven retail rallies.
NYSE
BIRK
2 articles
$5.8B Market cap · 2026-08-25
ELF, CAVA, Shake Shack and Birkenstock surged 30% to 60% within weeks despite weak sales or lower outlooks, raising questions about rate, oil and short-squeeze driven retail rallies.
$BIRK misses earnings, stock drops and now with one $250m repurchase the stock has squeezed up 70% in less than a month....