Reported 2 months ago
Chipotle Mexican Grill's stock dropped significantly following the announcement that CEO Brian Niccol will leave to join Starbucks. Despite this, experts believe the decline could be an overreaction, presenting a buying opportunity for investors. Niccol's leadership resulted in major growth for the company, and the interim CEO, Scott Boatwright, is expected to maintain the momentum. The stock has seen a considerable increase over the years, but today's market reaction might just be a chance for savvy investors to acquire shares at a lower price.
Source: YAHOO