Chipotle Stock Took a Hit Today. Here's Why It Will Rebound.
Shares of Chipotle Mexican Grill (NYSE: CMG) are taking it on the chin today. That's because its highly successful leader is leaving the company. But investors may just be panicking, and that's never a winning investment strategy.
Chipotle shares plunged as much as 14% and were still trading more than 10% lower in midday trading after the company announced CEO Brian Niccol was leaving to become the new CEO of Starbucks.
Source Fool.com
Chipotle Mexican Grill Inc. Stock
€47.57
-3.460%
With 75 Buy predictions and 1 Sell predictions Chipotle Mexican Grill Inc. is one of the favorites of our community.
Based on the current price of 47.57 € the target price of 2370 € shows a potential of 4882.66% for Chipotle Mexican Grill Inc. which would more than double the current price.
