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Zenger
Zenger
Business
Melanie Schaffer

Chipotle’s Q2 Earnings Awaited As Stock Hovers Near All-Time Highs

Chipotle Chipotle Mexican Grill Inc.
Chipotle Mexican Grill, Inc was trading mostly flat Wednesday heading into the print of its second-quarter financial results after the market closes. JEREMY MOELLER/GETTY IMAGES 

Chipotle Mexican Grill, Inc (NYSE: CMG) was trading mostly flat Wednesday heading into the print of its second-quarter financial results after the market closes.

When Chipotle printed a first-quarter earnings beat on April 25, the stock closed almost 13% higher the following day. After a period of consolidation, Chipotle went on to reach a new all-time high of $2,175 on July 18 and July 19, forming a bearish double top pattern.

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