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Chipotle stock falls as CEO Brian Niccol leaves for Starbucks - TL;DR CNBC

Chipotle stock falls as CEO Brian Niccol leaves for Starbucks

Publishing timestamp: 2024-08-13 12:31:00


Summary

Chipotle CEO Brian Niccol is leaving to become CEO of Starbucks. Chipotle stock fell as much as 10% on the news. Niccol led Chipotle through challenges and saw strong sales growth. Analysts have mixed views on the CEO change.


Sentiment: MIXED

Tickers: YUMSBUXCMG

Keywords: retail industryearningsstarbucks corpbusiness newsrestaurantschipotle mexican grill incbreaking news: businessbrian niccol

Source: https://www.cnbc.com/2024/08/13/chipotle-stock-falls-as-ceo-brian-niccol-leaves-for-starbucks.html


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