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Starbucks (SBUX) Stock Falls as Chipotle (CMG) Jumps 6% on Takeover Report
By Trader Edge at 2026-11-07 04:46
Sentiment: Unknown
TLDR The Financial Times reports Starbucks explored a takeover of Chipotle Mexican Grill. Chipotle stock jumped 6% to close at $32.65, while Starbucks stock slipped 0.4% to $93.21. A deal would reunite Starbucks CEO Brian Niccol with Chipotle, where he led a major turnaround before leaving in 2024. Analysts estimate a price tag near $50 [...] The post Starbucks (SBUX) Stock Falls as Chipotle (CMG) Jumps 6% on Takeover Report appeared first on CoinCentral. Continue reading...
Categories: News
Tags: #News #Stocks
Source Coin Central