Mid-Market Update: Shares of Shake Shack (SHAK, $32.75, up $0.45) will be on the move in extended trading on Wednesday, as the company is scheduled to announce earnings after the closing bell. Shares recently tested a multi-month low of $30.90 but held the 52-week low of $30 that was set in January of this year. Below is a two-year chart that shows the IPO debut and the subsequent run towards $100 afterwards.

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