Chipotle Mexican Grill (CMG) Gains on Strong Volume; Ackman Sees Relationship as 'Constructive'
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Activist Ackman calls Chipotle relationship 'extremely constructive'
November 10, 2016 12:03 PM ESTBy Lisa Baertlein and Michael Flaherty
(Reuters) - Billionaire investor William Ackman on Thursday said he has had an "extremely constructive relationship" with Chipotle Mexican Grill Inc (NYSE: CMG) since buying a large stake in the beleaguered burrito seller.
Shares in Chipotle were up 6 percent at $391.70 in midday trading, buoyed by Ackman's comments and the expectation that the company could benefit from business-friendly tax reforms expected to be championed by President-elect Donald Trump.
Ackman's Pershing Square Capital Management announced... More
Detwiler Fenton Notes 'Hopeful Signals' for Chipotle Mexican Grill (CMG)
November 8, 2016 9:01 AM ESTIn a note from Detwiler Fenton today, the firm asks if Chipotle Mexican Grill (NYSE: CMG) is bouncing back.
"Some hopeful signals from battered CMG, but gains could be paid for," they commented.
... More
