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01 Apr, 2020
Chipotle Announced Third Quarter Financial Results
Chipotle Mexican Grill, Inc. (NYSE: CMG) reported financial results for the third quarters ended 9/30/2018. Digital sales grew 48.3% and accounted for 11.2% of sales compared to a year ago. Revenue increased 8.6% to $1.2 billion. Ne..
Chipotle Stock Continues to Rally After Bullish Upgrade
Chipotle Mexican Grill Inc.’s (NYSE: CMG) stock continued to rally into Wednesday after it received a bullish upgrade from Piper Jaffray’s analyst. Chipotle shares gained 0.7 percent after the upgrade and gained another 2.1 percent on We..
Chipotle Shares Fall After Earnings
Chipotle Mexican Grill, Inc. (NYSE: CMG) shares fell more than 10% Wednesday after the restaurant chain reported financial results for its fourth quarter and year ended December 31, 2017. Revenue for the quarter was $1.1 billion, an increase of 7.3%..
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Chipotle CEO to step down to Refocus Company
Chipotle Mexican Grill (NYSE: CMG) announced on Wednesday that co-founder and CEO, Steve Ells will step down from his CEO positions. Ells will remain as executive chairman, but now the fast food Mexican chain restaurant will begin searching for..
William Ackman to Take Stake in ADP
On Friday, billionaire investor William Ackman announced that he will be buying a large stake in Automatic Data Processing Inc.(NASDAQ:ADP), a move that made the U.S. payroll company’s stock increase 16.5% to $120.In recent years, activi..
Chipotle Stock Tumbles to Cusp of New Bear Market
In a consistent decline, shares of Chipotle Mexican Grill Inc., (NYSE: CMG) slowed towards a four-month low Tuesday morning, dropping over 2.5% after Oppenheimer stated that the negative risks of the company were still too risky to get bullish ..
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