Starbucks Stock News

Chipotle Mexican Grill Inc (NYSE:CMG) shares fell 4% to $30.20 as Starbucks Corp (NASDAQ:SBUX, XETRA:SRB) rose 2% to $92.13 after the coffeehouse chain ruled out a takeover of the burrito restaurant group. Starbucks said it was not buying Chipotle, ending speculation sparked by a report that it had hired advisers to explore a potential acquisition.

Starbucks says it's not buying Chipotle following a report the companies were in talks.

Starbucks (SBUX.O), opens new tab is not buying Chipotle Mexican Grill (CMG.N), opens new tab, the ​coffee chain said on Monday, quashing talk of a deal that could have been the largest-ever involving restaurants but ‌was doubted by both investors and analysts.

"Starbucks is not buying Chipotle," a Starbucks spokesperson told CNBC. The denial follows days of rumors that Starbucks was trying to acquire the fast-casual chain.

Here are five key things investors need to know to start the trading day.

Starbucks investors would likely not be happy about the company adding debt to finance a deal to buy Chipotle, given that it already has a high debt load.

Starbucks has been working with advisers on a takeover proposal of Chipotle Mexican Grill in recent months, the Financial Times reported. If the deal happens, it would combine two of the nation's largest restaurant chains.

Are the worlds of frappuccinos and guacamole colliding? If recent reporting proves out, that could be the case.