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Stock impact report

Coronavirus live updates: US markets not ready for a 'second wave,' Spain's cases top 200,000 [CNBC]

Shake Shack, Inc. Class A (SHAK) 
Last shake shack, inc. class a earnings: 2/24 04:05 pm Check Earnings Report
Company Research Source: CNBC
This is CNBC's live blog covering all the latest news on the coronavirus outbreak . All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. The data above was compiled by Johns Hopkins University. Shake Shack will return the small business loan it received from the U.S. government, the burger chain's chief executive said, making it the first major firm to hand back money aimed at helping small businesses ride out the coronavirus impact. The company will immediately return the entire $10 million Small Business Administration (SBA) loan as it was able to raise additional capital, CEO Randy Garutti and founder Danny Meyer said in a blog post . Last week, it raised about $150 million in an equity offering. SBA, which is a key part of the government's $2.2 trillion aid package, is aimed at helping small companies keep paying their employees and their basic bills during the shutdowns so that they are able to reopen quickly when public he Show less Read more
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