Why Chipotle Stock Is Down Today [The Motley Fool]
Chipotle Mexican Grill, Inc. (CMG)
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm
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US:NYSE Investor Relations:
ir.chipotle.com
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Source: The Motley Fool
Why Chipotle Stock Is Down Today The burrito chain dipped again as investors continued to balk at restaurant stocks. Shares of Chipotle Mexican Grill ( NYSE:CMG ) were falling again Tuesday as investors continued to bail from restaurant stocks as the coronavirus outbreak spreads across the country. What was different about today was that Chipotle shares sank even while the broader market rallied on hopes for a stimulus bill. Investors may be starting to differentiate between stocks likely to perform well during the pandemic (like consumer staples), and stocks tied to discretionary purchases , especially those that involve gathering places like restaurants, which are likely to take a hit. A number of cities and states have begun ordering restaurants to close, with the exception of takeout and delivery, which is likely to hurt the burrito chain, as are the work-from-home policies most offices have adopted. The stock fell as much as 12.4% this morning, and was trading down 6.5% as of 1:
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CMG
News
- Chipotle Mexican Grill (CMG) Q1 Earnings and Revenues Beat Estimates [Yahoo! Finance]Yahoo! Finance
- Chipotle to open its first-ever Oshkosh location [Yahoo! Finance]Yahoo! Finance
- Late Trading Dominated by Q1 Earnings: META, F, CMG & More [Yahoo! Finance]Yahoo! Finance
- Here's What Key Metrics Tell Us About Chipotle (CMG) Q1 Earnings [Yahoo! Finance]Yahoo! Finance
- Chipotle posts big earnings beat as diners shake off higher prices [MSNBC.com]MSNBC.com
CMG
Earnings
- 4/24/24 - Beat
CMG
Sec Filings
- 4/24/24 - Form 8-K
- 4/23/24 - Form ARS
- 4/23/24 - Form DEFA14A
- CMG's page on the SEC website