Chipotle Shares Jump 8.4% After Revenue Rises 9.6%
Chipotle reported third-quarter revenue of $3.3 billion, up 9.6%, and a third straight quarter of higher customer transactions. Its shares rose 8.4% in afternoon trading.
What happened? Shares of mexican fast-food chain Chipotle NYSE:CMGjumped 8.4% in the afternoon session after the company reported third-quarter revenue of $3.3 billion, up 9.6%, and a third straight quarter of higher customer transactions. According to a company press release, Chipotle reported com…