All takes
$CMG•USBearish

Chipotle (CMG): Falls after Starbucks says it is not buying it

Starbucks said it is not buying Chipotle, after an FT report last week said it was weighing a takeover. Chipotle fell over 4% as the deal premium faded, while Starbucks edged up. The stock now rests on its own results.

Sources

For information only. Not financial advice. See our disclaimer and editorial standards. Spotted an error? Tell us.

Related takes

Get the Centiview newsletter

A short, sourced digest of the best markets, AI and UK money takes. Free. Unsubscribe in one click.

By subscribing you agree to receive the Centiview newsletter by email. For information only, not financial advice. See our privacy policy.