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Chipotle Shares Rise 7% Premarket as Traffic Revival Efforts Gain Traction

Chipotle shares rose 7% in premarket trading Thursday. The company expects comparable sales to be up around 3% to 4% as it exits the current quarter.

CMG

Chipotle Mexican Grill NYSE:CMG shares rose 7% in premarket trading on Thursday on signs CEO Scott Boatwright's efforts to bring back diners with new menu launches and a marketing push were paying off.The burrito chain expects to exit the current quarter with comparable sales up around 3% to 4%, fr…

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