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The Nexus
BUSINESSMay 7 · 15:42 UTCCNBC TOP

Shake Shack shares crater 30% after burger chain reports operating loss

Shake Shack shares dropped 30% after the company reported an operating loss, citing winter storms and increased store opening projections as factors. Shake Shack CEO Rob Lynch commented on the results. The burger chain's performance was negatively impacted.

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