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0 -0.000779959872409347 -0.00162446814805263 -0.00029046781455254 5.91693696309983E-05 0.00222691991156862 -0.00184500852576829 0.00292081524633276
Stock impact report

Walmart denies press release that claimed it was partnering with Litecoin cryptocurrency [USA TODAY]

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
Company Research Source: USA TODAY
The retailer did not immediately respond to USA TODAY's request for comment but a spokesperson confirmed to CNBC that the release was not authentic. The release was sent out by GlobeNewswire at 9:30 a.m. ET but has since been removed. Litecoin tweeted the press release, which claimed Walmart would start accepting the digital currency starting Oct. 1 but then deleted the tweet Several news outlets published reports based on the release before Walmart denied the release. Litecoin briefly soared more than 25% but erased gains after Walmart said it was fake. Litecoin's stock was last trading down 5%. This isn't the first time fake press releases got attention. In 2017, a fabricated news release circulated that claimed McDonald's would submit an unsolicited bid to acquire fast-casual chain Chipotle Mexican Grill Ahead of April Fools' Day, Volkswagen claimed it was changing its name in the U.S. to "Voltswagen" in a nod to the company's heightened commitment to electric vehicles, a Show less Read more
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