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Chipotle Shares Continue To Hurl Downward
Thursday, July 20, 2017 - 1:55pm | 473Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) continued to slide in the wake of an outbreak of sick customers exposed to a norovirus at a restaurant in Sterling, Virginia. Shares were down 3 percent in early afternoon trading at $361.63, a low for the year. The stock plunged after complaints...
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Reputation Can Be Much Slower To Recover From Than Fundamentals
Saturday, November 5, 2016 - 7:33pm | 503Chipotle Mexican Grill, Inc. (NYSE: CMG) stock dipped briefly below $360 this week for the first time since 2013 after the company laid out its preliminary guidance for 2017. Chipotle lost a huge amount of business and market cap last year during a string of E. coli outbreaks and other food safety...
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Whole Foods' Hepatitis A Outbreak And Other Past Food Scares
Friday, October 21, 2016 - 3:59pm | 402Déjà vu was the feeling as news broke out about Hepatitis A scare at supermarket chain Whole Foods Market, Inc. (NASDAQ: WFM). Whole Foods' shares were down on Friday after the Detroit health department revealed that an employee at the company's prepared foods section and a customer who ate from...
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4 Takeaways Related To Chipotle's Food Safety Practices Probe
Tuesday, June 21, 2016 - 8:22am | 344Credit Suisse held a conference call with food safety attorney, Shawn Stevens, on June 20 “to better understand the potential implications of the Federal investigations” into the food safety practices of Chipotle Mexican Grill, Inc. (NYSE: CMG) Credit Suisse’s Jason West maintains...
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Social Data Show No Signs Of Recovery For Chipotle
Tuesday, June 14, 2016 - 3:20pm | 319According to the latest data from TickerTags, Chipotle Mexican Grill, Inc. (NYSE: CMG) hasn’t made much progress in restoring its tarnished reputation. TickerTags monitors social media sites to identify trends by searching for words or phrases that appear together in social media content,...
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Will Chipotle's Rebound Continue?
Friday, January 15, 2016 - 10:24am | 421After losing more than 30 percent over the past three months, shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) gained nearly 10 percent this week as investors cheered the company's efforts to overcome recent health scares. The company suffered two foodborne-disease outbreaks with E. coli and...