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Chipotle Mexican Grill, Inc. (NYSE:CMG – Get Free Report) saw a large drop in short interest during the month of July. As of July 15th, there was short interest totalling 666,900 shares, a drop of 7.6% from the June 30th total of 721,500 shares. Based on an average daily volume of 292,700 shares, the short-interest […]
Humm, who famously helms Eleven Madison Park, bought the unit at 40 Fifth Ave. for $14.5 million in 2021 -- only to net $2.5 million profit in two years.
Capital Wealth Management LLC purchased a new stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 260 shares of the restaurant operator’s stock, valued at approximately $444,000. Other large investors have also added to or reduced […]
The story of why Mickey D's is no longer in the burrito game is a baffling example of corporate miscalculation. It's safe to say it's a move McDonald's regrets.
As restaurants face labor challenges both in the front of the house and the back, many are tapping robotics and artificial intelligence (AI) to boost their…