Chipotle Mexican Grill Inc. Stock Falls 9.7%, Underperforms Peers

Dow Jones
08/05

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Chipotle Mexican Grill Inc. slipped 9.7% to $33.82 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.8% to 7,736.52 and the Dow Jones Industrial Average rising 1.7% to 54,085.88.

Chipotle Mexican Grill Inc. closed 23.6% short of its 52-week high of $44.27, which the company achieved on August 18th.

The stock underperformed when compared to some of its peers, as McDonald's Corp. rose 1.2% to $268.34, Starbucks Corp. rose 1.5% to $104.97, and Yum! Brands Inc. fell 0.75% to $147.68.

Trading volume totaled 51.4 million, compared to the 50-day average of 20.1 million.

Data source: Dow Jones Market Data, FactSet

 

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