The Traderszone Network

Published in TZ Latest News 21 July, 2014 by The TZ Newswire Staff

Chipotle traffic jumps even after price hike

The better-than-expected results prompted the company to boost a key sales forecast, and Chipotle shares soared almost 10 percent in after-hours trading to $646.71. Chipotle’s stock, which was trading around $400 a year ago, is at all-time highs as many other established restaurant chains struggle to increase sales amid tepid economic growth and a move toward fresher and less-processed food.