Chipotle Mexican Grill volatility flat; Q2 2011 revenue increased 22.4% to $571M
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Chipotle Mexican Grill (NYSE: CMG) is recently down 3.5% in pre-open trading following Q2 revenue growing 9%. Wells Fargo upgraded CMG to Market Perform. August put option implied volatility is at 41, September is at 39; compared to its six-month average of 39 according to Track Data.
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