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Shake Shack Sizzles With IPO As McDonald's Fizzles

03:28
Shake Shack made its stock market debut Friday, and shares quickly soared to nearly $50. The chain hopes to become the Chipotle of burger joints, but it faces much competition in the fast-casual market. (Getty Images)
Shake Shack made its stock market debut Friday, and shares quickly soared to nearly $50. The chain hopes to become the Chipotle of burger joints, but it faces much competition in the fast-casual market. (Getty Images)

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