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-0.00757359245498716 -0.00657330665904535 -0.013718205201486 -0.0111460417262075 -0.00682194912832242 0 -0.0365818805372964 -0.0540154329808517
Stock impact report

Shake Shack shift to 'to-go' only model for time being [MarketWatch]

Shake Shack, Inc. Class A (SHAK) 
Last shake shack, inc. class a earnings: 2/24 04:05 pm Check Earnings Report
Company Research Source: MarketWatch
Shake Shack Inc. said Monday it will temporarily shift to a "to-go" only model for all of its U.S. company-owned restaurants, as the COVID-19 situation continues to evolve. The burger chain said that over the coming weeks, its restaurants could also be impacted by closures or reduced hours. Separately, the company said it was withdrawing its financial guidaqnce for the year ending December 2020, and will provide an update on its first-quarter earnings calls, which is currently projected to be at the end of April. The stock tumbled 16% toward a 2 1/2-year low in morning trading. It has lost 56% over the past month, while the S&P 500 has dropped 26%. Show less Read more
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