Chipotle Mexican Grill Stock News

NEW YORK , Nov. 14, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Chipotle Mexican Grill, Inc. (NYSE: CMG). Shareholders who purchased shares of CMG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.

The collection features its previously sold-out Cilantro Soap, "Water" Cup Candle and Car Napkin Holder  Chipotle Rewards members have an exclusive opportunity to win the entire set through the first-ever Rewards Exchange sweepstakes1  New festive holiday-themed virtual and physical gift cards are available now with a BOGO entree offer2 for early shoppers NEWPORT BEACH, Calif. , Nov. 13, 2024 /...

Cava Group Inc. shares jumped more than 15% in the extended session Tuesday after the fast-casual restaurant chain presented investors with another double-digit rise in foot traffic and raised its outlook for the year.

Chipotle's shares rose Tuesday as investors digested the news that the fast-casual chain had formally named Scott Boatwright its CEO.

Chipotle Mexican Grill Inc (NYSE:CMG) has been sued by its own shareholders after failing to disclose the number of its restaurants which cut portion sizes before the chain was forced to backtrack on the move. Shareholders filed a proposed class action in a California federal court on Monday, arguing the chain had failed to recognize growing disdain over inconsistent portion sizes.

Shareholder said the truth came out as customers voiced dismay on TikTok and other social media, prompting Chipotle to reemphasize "generous portions" at its more than 3,600 restaurants.

Chipotle Mexican Grill was sued on Monday by shareholders for concealing how many of its restaurants were skimping on portions, forcing the chain to spend more on ingredients and hurting its stock price.

Scott Boatwright is getting the permanent CEO nod. Chipotle's stock is up 500% since he joined the company in 2017.