Why Chipotle Stock Is Down Today [The Motley Fool]
Chipotle Mexican Grill, Inc. (CMG)
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm
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US:NYSE Investor Relations:
ir.chipotle.com
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Source: The Motley Fool
Why Chipotle Stock Is Down Today The burrito chain dipped again as investors continued to balk at restaurant stocks. Shares of Chipotle Mexican Grill ( NYSE:CMG ) were falling again Tuesday as investors continued to bail from restaurant stocks as the coronavirus outbreak spreads across the country. What was different about today was that Chipotle shares sank even while the broader market rallied on hopes for a stimulus bill. Investors may be starting to differentiate between stocks likely to perform well during the pandemic (like consumer staples), and stocks tied to discretionary purchases , especially those that involve gathering places like restaurants, which are likely to take a hit. A number of cities and states have begun ordering restaurants to close, with the exception of takeout and delivery, which is likely to hurt the burrito chain, as are the work-from-home policies most offices have adopted. The stock fell as much as 12.4% this morning, and was trading down 6.5% as of 1:
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News
- Should You Buy, Sell or Retain McDonald's Stock at a 23.91X P/E? [Yahoo! Finance]Yahoo! Finance
- Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of January 10, 2025 in Chipotle Lawsuit - CMGAccesswire
- Investors Are Invited To Join The Schall Law Firm In A Securities Fraud Case Against Chipotle Mexican Grill, Inc. Accesswire
- Is Coca-Cola a Buy, Sell, or Hold in 2025? [Yahoo! Finance]Yahoo! Finance
- Levi & Korsinsky Reminds Chipotle Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 10, 2025 - CMGAccesswire
CMG
Earnings
- 10/29/24 - Beat
CMG
Sec Filings
- 11/12/24 - Form SC
- 11/12/24 - Form 144
- 11/12/24 - Form 144
- CMG's page on the SEC website