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Stock impact report

Kevin O'Leary takes on Mark Cuban: Businesses have a duty to tap government programs to survive [MSNBC.com]

Shake Shack, Inc. Class A (SHAK) 
Last shake shack, inc. class a earnings: 2/24 04:05 pm Check Earnings Report
Company Research Source: MSNBC.com
Kevin O'Leary,"You have a fiduciary responsibility when the government lays out a program to use it because you have no idea how long this pandemic is going to go for, when or if there's going to be therapeutics or a vaccine," O'Leary said on CNBC's"Squawk Box."O'Leary, known as "Mr. Wonderful" on "Shark Tank," was responding tocomments made on MondayShake ShackThe burger chain initially received a $10 million loan through the program. But days later, the company announced itwould be returning the moneyrules for the program were confusingRuth's Chris Steak HousePotbellyget an exemptionO'Leary, chairman of O'Shares ETFs, said it is "valid" for companies to make a "marketing decision" to return the money after facing criticism.But he said he believes the uncertainty around the coronavirus pandemic — and the lost revenues associated with it — is too great to not tap into every type of government support. "If I were a shareholder of Shake Shack, and I'm not, I would've questioned that dec Show less Read more
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