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Today's Decline In Chipotle Not A Buying Opportunity, According To Cowen
Tuesday, July 18, 2017 - 1:07pm | 412Chipotle Mexican Grill, Inc. (NYSE: CMG) confirmed Tuesday that several customers who dined at a restaurant in Virginia reported symptoms of norovirus. A total of eight people indicated on iwaspoisoned.com they suffered from vomiting, stomach pains, diarrhea, dehydration and even hospitalization...
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Chipotle's Trajectory Is Both Realistic And Improving, More Buybacks Likely
Friday, February 3, 2017 - 3:33pm | 472Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) might finally be recovering from a long case of food poisoning, according to analysts at Wedbush. The casual dining chain’s earnings report on Thursday was grim in many respects: fourth-quarter earnings in 2016 were $16 million, a number that...
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Reputation Can Be Much Slower To Recover From Than Fundamentals
Saturday, November 5, 2016 - 6:33pm | 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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What To Watch Ahead Of Chipotle's Earnings
Tuesday, April 26, 2016 - 8:42am | 353Chipotle Mexican Grill, Inc. (NYSE: CMG) is expected to report a loss and 19 percent decline in sales when it reports its first-quarter results after the market closes Tuesday. Since investors may have already factored this, they may now focus on whether the burrito chain is successful in bringing...
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Chipotle Getting Hit Hard On Social Media After Restaurant Closure
Thursday, March 10, 2016 - 1:12pm | 333Chipotle Mexican Grill, Inc. (NYSE: CMG) and its investors can’t seem to get a break from negative headlines. The latest negative news for the struggling company is the closure of a restaurant in Massachusetts after one of its employees tested positive for a highly contagious norovirus. While...
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Chipotle's Headline Risk Is Back And Legal Risks Remain, Maxim Warns
Thursday, March 10, 2016 - 10:20am | 383Chipotle Mexican Grill, Inc. (NYSE: CMG) has had quite a year of it as the embattled company struggles to regain customer and investor confidence following a series of wide-spread, national foodborne illnesses. While E. coli scares appeared to fade for a few weeks, a recent forced closure in...
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Chipotle Is Selling Off After Four Sick Employees Forced A Boston-Area Store To Close
Wednesday, March 9, 2016 - 8:48am | 310Chipotle Mexican Grill, Inc. (NYSE: CMG), which is recovering from a series of food-borne illness issues, faced another blow when it closed a Boston-area store after four of its employees fell ill. However, no customer illnesses were reported at the burrito chain, according to a report from the...
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Chipotle Haters Are Coming Back
Friday, March 4, 2016 - 2:34pm | 434Chipotle Mexican Grill, Inc. (NYSE: CMG) shares gained 3 percent after a market survey showed willingness to eat at the burrito chain is increasing, according to a CNBC report. Chipotle is the owner of fast-casual concepts, including its namesake brand – the second-largest fast-casual...
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This Development Will Hurt Valeant Investor Sentiment Even More
Monday, February 29, 2016 - 12:20pm | 426The news of generic challenger for Xifaxan 550mg is brought down the shares of Valeant Pharmaceuticals Intl Inc (NYSE: VRX). Though Valeant has adequate patent protection for the drug, the recent news added fuel to the negative investor sentiment on the stock, which has dropped 63 percent in the...
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Chipotle Stores Set To Re-Open Following Nationwide Staff Meeting
Monday, February 8, 2016 - 2:27pm | 264Chipotle Mexican Grill, Inc. (NYSE: CMG) stores will open at 3 p.m. on Monday as it conducted a meeting to discuss the recent food safety scares. Over 50,000 employees were said to have tuned in via satellite in 400+ viewing locations nationwide. "Meeting over. All restaurants will re-open...
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CDC: 'No Causes Ruled Out' For Chipotle E. Coli Outbreaks; Stock Weak In Restaurant Sector
Friday, January 22, 2016 - 10:41am | 234Chipotle Mexican Grill, Inc. (NYSE: CMG) traders are digesting an article out of Food Safety News that says federal officials have not yet ruled out any cause of its E. Coli outbreaks. Chipotle shares are underperforming the market more than any other quick service restaurant, losing 0.94...
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Chipotle Stock Unaffected By Company-Wide Closure February 8
Friday, January 15, 2016 - 11:16am | 148Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) were trading higher by 0.3 percent at $456.32 late Friday morning after the company made a somewhat surprising and perhaps unusual announcement. According to Time, Chipotle Mexican Grill is planning on closing all of its stores for a few hours...
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Will Chipotle's Rebound Continue?
Friday, January 15, 2016 - 9:24am | 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...
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Can Chipotle Make A Comeback?
Tuesday, December 29, 2015 - 9:20am | 469The past few months have significantly dulled the shine of fast-food chain Chipotle Mexican Grill, Inc. (NYSE: CMG). E. coli and norovirus outbreaks have tarnished the brand's reputation among consumers and given investors reason to dump the stock for fear that the firm's foodservice days are...
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Chipotle Linked To Different 'Rare' E. Coli In CDC Update
Monday, December 21, 2015 - 3:48pm | 313Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) were trading down more than 3.1 percent on Monday afternoon. The decline was triggered by a new CDC report that says that the Centers for Disease Control and Prevention (CDC) is now investigating a different, more rare form of E. Coli linked...