Shake Shack (SHAK) Stock Drops Due To Inflationary Pressures

<p>The Shake Shack (SHAK) earnings report revealed -$0.11 in EPS and $203.3M in revenue. The SHAK stock price is down over 3% so far today due to inflation pressures weighing on revenues and guidance. Wedbush's Nick Setyan says that they have lowered the Shake Shack price target to $100 and are maintaining an outperform rating. What is the outlook for the company? Lee Bohl provides his take as well.</p><p><br></p>