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Markets · Investing · Business
Finance
Why Chipotle Stock Was Down on an Up Day
Another foodborne illness outbreak spooked investors.
Shares of Chipotle Mexican Grill (NYSE: CMG) were sliding today on reports that the company was facing another potential food-safety crisis after it pulled jalapeños from multiple stores in Minnesota following a Salmonella outbreak in the state.
As of 2:18 p.m. ET, the stock was down 7.9% on the news.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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