What Is The Street Buying On This Down Day, Burritos (Chipotle Mexican Grill)

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Chipotle Mexican Grill
CMG
shares are trading higher by $13 at $446.50 in Tuesday's session. The issue is shrugging off the decline in the broad market and is having one of its best days since mid-April. At this time, there is no specific news accounting for the rally. After a flat open, its found support under Monday's close ($433.50), reaching $433.27 before embarking on its rally. So far, it has filled the void in price created by its worst than expected Q1 report. The current intraday high of $447.46, coincides with its April 26 high ($447.27).
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