Chipotle Hasn't Fixed Its Biggest Problem
When Chipotle Mexican Grill, Inc. (NYSE: CMG) reported its financial results for the third quarter, investors had hoped that the company would finally get past slump that began nearly two years ago, during an outbreak of food-borne illnesses.
The company has faced numerous challenges in recent months as well, including another outbreak of norovirus, a breach that compromised customer payment data, and videos of mice in the dining area in a Dallas Chipotle location.
And now Chipotle's financial results have failed to excite investors. As a result, the stock crashed to its lowest level in nearly five years.
Source: Fool.com
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