Penney on Bloomberg: Shake Shack Shares Set to Fall 60-70%

05/14/15 01:24PM EDT

Penney on Bloomberg: Shake Shack Shares Set to Fall 60-70% - penney bloomberg

Hedgeye Risk Management Restaurants Analyst Howard Penney discusses the performance and valuation of Shake Shack on "Bloomberg Markets" and explains why he thinks shares are 'egregiously overpriced.'

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