Chipotle's Troubling Pattern of Foodborne Illness Outbreaks
There was a time when Chipotle Mexican Grill (NYSE: CMG) was the most enticing restaurant stock in the market, but no more. After yet another norovirus outbreak at one of its locations, and a video of mice in a separate location, Chipotle's stock is careening toward a new 52-week low.
The norovirus incident happened at one of its restaurants in Virginia. And while there was early speculation that the incident may have been manufactured by short-sellers to drive down Chipotle's stock, it's now clear that there was indeed an actual outbreak.
A Chipotle in Washington, D.C. Image source: Chipotle Mexican Grill.
Source: Fool.com
Chipotle Mexican Grill Inc. Stock
€46.88
-1.170%
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