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Stock impact report

Chipotle clarifies Bill Ackman 'not affiliated' with chain after billionaire's ICE agent donation [FOX Business Network]

Chipotle Mexican Grill, Inc. (CMG) 
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.chipotle.com
Chipotle moved to distance itself from billionaire hedge fund manager Bill Ackman after he donated to a fundraiser aimed at supporting the ICE agent involved in the fatal shooting of a Minneapolis woman. The fast-casual restaurant chain that specializes in burritos, tacos and bowls took to social media platform Threads on Monday to post a one-sentence statement to clarify that, "Bill Ackman is not affiliated with Chipotle." Chipotle moved forward with that post in response to a viral post on Threads that called for a boycott of Chipotle and inaccurately claimed Ackman owned the company in a post that said: "Don't eat at Chipotle. The guy who owns it just gave $10000 to the man who killed Renee Good." Ackman's hedge fund, Pershing Square Capital Management, disclosed a 9.9% stake in Chipotle in 2016 and the billionaire took an active role in overhauling the company's strategy but reduced its holdings over time before exiting the stake late last year – a move Chipotle disclosed d Show less Read more
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