All Posts Tagged With: "Chipotle"

Chipotle Shares Plunge Following Norovirus Report

Analysts have become split over whether investors should avoid or buy Chipotle after shares of the burrito maker plunged following news that customers became sick after eating in one of its restaurants. The burrito-chain’s stock has struggled to recover from outbreaks of food-borne illnesses during 2015. In premarket trading early Wednesday, share prices for the […]

Chipotle Payments System Hacked

If it is not one thing it is another. Chipotle Mexican Grill had just reported that its sales rebounded following a prolonged decline that came after an outbreak of food safety issues, when company executives told analysts that its system for payment processing had been hacked. The CFO of Chipotle Jack Hartung announced that the […]

Chipotle Moves Over For New Fast Casual Dining King

Stock at Chipotle Mexican Grill has finally stopped dropping. It is actually 10% higher in 2016. Investors have started breathing sighs of  relief that the E. coli outbreaks at Chipotle have finally come to an end. However, shares remains far below their all time high that was hit during last summer. Chipotle’s outlook for its […]

Chipotle Focuses On Food Safety To Lure Back Public (NYSE:CMG)

Chipotle Mexican Grill is heavily touting its focus on food safety in an effort to lure back customers after food-borne illness scares decimated its store traffic. Since July, Chipotle has experienced six food safety failures involving norovirus, salmonella and E. coli. More than 500 customers have reportedly become ill. The Centers for Disease Control and […]