#chipotle-mexican-grill

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#portfolio-rotation #meta-platforms #ai-infrastructure #fast-casual-restaurants #same-store-sales-decline
from24/7 Wall St.
2 weeks ago

Billionaire Investor Bill Ackman Exits Chipotle Completely, Buys Meta Stock Instead

Bill Ackman's Pershing Square Capital made a significant portfolio shift, selling its entire stake in Chipotle Mexican Grill (NYSE:CMG) and taking a new position in Meta Platforms (NASDAQ:META | META Price Prediction), marking a rotation from consumer discretionary into AI infrastructure. The Trade That Turned Heads Ackman's firm exited Chipotle along with positions in Nike (NYSE:NKE) and Hilton (NYSE:HLT), while simultaneously investing in Meta Platforms, Amazon.com, and Hertz Global Holdings Inc. (NASDAQ:HTZ).
US news
Food & drink
fromLos Angeles Times
2 weeks ago

How Chipotle lost its sizzle

Chipotle experienced its worst year ever, with comparable store sales declining as consumers cut discretionary dining and prioritize value amid economic uncertainty.
Food & drink
fromTasting Table
1 month ago

The International Mexican Chain That Originated In Denver Over 30 Years Ago - Tasting Table

Chipotle began as a single Denver restaurant in 1993 and grew into a global fast-casual chain by offering high-quality, customizable made-to-order burritos.
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