Chipotle Mexican Grill (CMG) is under scrutiny, with several entities filing
class action lawsuits against the company and seeking to find recovery for investors who experienced losses. Shareholders are being urged to contact several law firms, including Levi & Korsinsky, The Law Offices of Frank R. Cruz, and the Schall Law Firm, for inclusion in the lawsuits. This follows the company's reported
missed revenue estimates and disappointing same-store sales growth. News on shares trends show that despite the recent negative litigation news, the company experienced some stock dip and rise, with some bouts outperforming the market.
""Chipotle Straddles Because Everyone Knows You Can Take A Chipotle Meal And Split It Into Two," is a statement from Jim Cramer regarding the company. The company has also launched a global partnership with Strava. Some investment management firms and banks have been seen to reduce their shares in the business. Despite the streamline of legal troubles, Chipotle remains considered by some as a strong investment for long-term growth.
Chipotle Mexican Grill CMG News Analytics from Thu, 05 Sep 2024 07:00:00 GMT to Sat, 11 Jan 2025 08:56:44 GMT -
Rating -5
- Innovation -3
- Information 5
- Rumor -1