The fast-casual burrito chain continues to defy Wall Street’s sales and profit expectations. Its stock is due to split in June, pending a shareholder vote. Shares of Chipotle Mexican Grill (CMG) hit an all-time high today, climbing 7.35% to $3,142 in afternoon trading. The increase comes after the popular burrito chain reported first-quarter earnings Wednesday and outpaced analysts’ expectations in both earnings and sales.

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BING NEWS:
  • Chipotle stock price just hit an all-time high, even as other chains struggle to stay afloat
    The fast-casual burrito chain continues to defy Wall Street’s sales and profit expectations. Its stock is due to split in June, pending a shareholder vote. Shares of Chipotle Mexican Grill (CMG) hit ...
    04/25/2024 - 9:50 am | View Link
  • Chipotle Shares at All-Time High After Zesty 1Q
    Shares of Chipotle Mexican Grill hit a record high after ... prompting a series of price target increases on Thursday. The stock climbed 5.6% to a high of $3,091.50 in early trading.
    04/25/2024 - 5:22 am | View Link
  • Time to Buy Chipotle Before Its Massive Stock Split?
    Investors have gotten excited and sent shares of Chipotle close to all-time highs at around $ ... that would give Chipotle stock a cheap-looking price-to-earnings multiple (P/E) of 13.
    04/17/2024 - 3:07 am | View Link
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