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More Squawk from Jim Cramer: Shake Shack (SHAK) Earnings Call, 'Skepticism Here Very, Very Big'

NEW YORK (TheStreet) -- Shares of Shake Shack (SHAK) were falling 8.12% to $37.55 in mid-morning trading on Thursday after the burger chain posted weaker same-store sales than expected for the 2016 second quarter.

"The (earnings) call was not well received," TheStreet's Jim Cramer said on CNBC's "Squawk on the Street" this morning.

"It was a very contentious call that people didn't see coming," Cramer added.

There were people on the call directly questioning the math that the company was delivering in terms of the...