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