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Chipotle Mexican Grill (CMG) Stock Pummeled After Earnings Miss


Shares of Chipotle Mexican Grill Inc. (CMG) closed down -32.79 or -5.94 percent to $519.61 per share in active trading on Thursday, after the company announced first quarter earnings that came in below analyst expectations. The stock initially traded sharply higher after the earnings release, rising as much as +8.6 percent in pre-market trading on
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April 20, 1999 Internet Stocks take their biggest fall to date, with the Nasdaq dropping 5.57% to 2345.61 and the Dow Internet Index falling 18.73%.:

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