Why Chipotle Mexican Grill, UPS, and Snap Jumped Today
It was a record day for the stock market on Wednesday, though major indexes had mixed showings. The S&P 500 and the Nasdaq Composite notched new all-time highs as investors brushed aside news that the Department of Justice's antitrust division is reviewing the business practices of dominant tech giants to see if leading online platforms undermine competition. The Dow Jones Industrial Average posted a modest decline.
Earnings season is underway, and Chipotle Mexican Grill (NYSE: CMG), UPS (NYSE: UPS), and Snap (NYSE: SNAP) all revealed results that impressed investors.
Image source: Chipotle.
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