The Biggest Problem With Chipotle's Latest Outbreak Isn't What You Think
Chipotle Mexican Grill, Inc. (NYSE: CMG) may be living its nightmare all over again. Shares of the burrito chain were down as much as 7.6% on news that a Chipotle location in Virginia had shut down in what appears to be a norovirus outbreak.
According to Business Insider, which first broke the news, at least 13 customers fell ill at a Sterling, Va. location after eating there on Friday or Saturday. Chipotle closed the restaurant on Monday once they learned of the illnesses.
Image source: Chipotle.
Source: Fool.com
Chipotle Mexican Grill Inc. Stock
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With a target price of 2478 € there is potential for a 4916.7% increase which would mean more than doubling the current price of 49.4 € for Chipotle Mexican Grill Inc..