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Kiplinger
Kiplinger
Business
Joey Solitro

Is Chipotle Stock Still a Buy After Earnings?

Chipotle CMG Stifel Chipotle Mexican Grill
The outside of a Chipotle Mexican Grill restaurant in New York.

Chipotle Mexican Grill (CMG) stock jumped more than 5% in Wednesday's extended session after the burrito chain beat top- and bottom-line expectations in its second-quarter earnings report. However, shares quickly fell into the negative territory at the start of Thursday's session. 

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