Chipotle Mexican Grill, Inc. (CMG) News
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Latest CMG News From Around the Web
Below are the latest news stories about Chipotle Mexican Grill Inc that investors may wish to consider to help them evaluate CMG as an investment opportunity.
Chipotle Mexican Grill, Inc. (NYSE: CMG ) shares are up nearly 4% so far this week, trading north of $1,000 per share. This comes just two months after the stock fell below $500. On Monday, Wedbush analyst Nick Setyan maintained an Outperform on Chipotle and raised the price target from $870 to $1,200. Wedbush revised its estimates for second-quarter same-store sales from a 20% decline to a 9% decline. Chipotle reported substantial growth in its digital order volume during the start of the COVID-19 outbreak, with same-store … Full story available on Benzinga.com
Chipotle and Disney have been impacted by COVID-19 in different ways. With both stocks down a few pegs, which is the more appealing investment?
Strong results despite the coronavirus have allowed shares to more than double from March lows.
Chipotle Mexican Grill (CMG) closed the most recent trading day at $1,049.71, moving -0.87% from the previous trading session.
Activist guru expands stake in restaurant company that appears to be thriving despite coronavirus woes Continue reading...
If you think it takes a hot IPO or clever tech player to deliver that kind of rapid share price growth, think again.
Recently, Chipotle Mexican Grill (NYSE:CMG) stock has performed exceptionally well. The stock jumped 125% from its March lows.
Chipotle Mexican Grill (NYSE: CMG) will host a conference call to discuss second quarter 2020 financial results on Wednesday, July 22, 2020 at 4:30 PM Eastern time.
Chipotle Mexican Grill, Inc. (NYSE: CMG) was well prepared to manage the COVID-19 disruption because of its prior investments in digital and people, CEO Brian Niccol said on CNBC's "Mad Money."Chipotle's stock trades around $1,050 per share, more than doubling from its year-to-date low hit on March 18.Digital 'Served Us Well'Chipotle's prior focus on digital and people "served us well" as the restaurant was positioned to better adapt to the new wants and needs of consumers. The company is now taking a cautious approach towards reopening its stores for dine-in, but management still expects recent digital gains will "remain in good shape."The continued focus on digital is expected to help the company achieve an average unit volume of $2.5 million, Niccol said. This figure is consistent wi...
In his first "Executive Decision" segment of Mad Money Monday evening, Jim Cramer spoke with Brian Niccol, chairman and CEO of Chipotle Mexican Grill Inc. , the restaurant chain with shares up 35% over the past three months. Niccol said Chipotle continues to invest in technology, innovation and its people and all of those efforts have paid off during this pandemic. In the daily bar chart of CMG, below, we can see that prices have more than doubled from the March low.