Cowen Starts Shake Shack (SHAK) at Market Perform

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Shake Shack (SHAK) Weakness Tied to Negative Mention

September 14, 2015 10:09 AM EDT

Shake Shack (NYSE: SHAK) weakness on Monday morning was tied to comments form Cowen's David Seaburg on CNBC's Fast Money this past Friday, according to Bloomberg.

Seaburg said shares should be "sold here aggressively" and added that it's "so overvalued it's ridiculous."

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