Even With New E. Coli Cases, Chipotle Shares Not Yet Cheap
December 21, 2015 at 15:53 PM EST
Shares of casual dining chain Chipotle Mexican Grill (CMG) have been hammered since reports of E. coli outbreaks across the country have caused a material decrease in customer traffic during the fourth quarter (double-digit same store sales declines have been confirmed by the company). After peaking at more than $750 in August, the stock now fetches a little more than $500 per share. This is … Read More →