The effort might not amount to much, but it shows the fast-food chain has a clear interest in upping the competition with Starbucks and Dunkin' Donuts.
The investor's short trade took the market by surprise, causing Chipotle shares to drop nearly 5% in two days.
| Tags: | CMGgmGMCRTheStreetcomYUM |
The Keurig maker responds to new competition from Starbucks and other companies.
| Tags: | GMCRKim PetersonSBUX |
The latte king has debuted its new Verismo machine at an attractive price. Any room left for Green Mountain?
| Tags: | GMCRKim PetersonSBUX |
Reports show contraction in China's manufacturing activity and in the eurozone's private sector. US jobless claims fall by 3,000, but the level remains high. The Philly Fed's manufacturing index improves slightly, while leading indicators slip.
Futures are rising, but amid an otherwise weak year for prices.
Investors also await a key German court ruling Wednesday. Moody's warns it could lower its rating on the US. The US trade deficit widens. McDonald's comp sales miss expectations.
Stocks struggle after a disappointing monthly jobs report.
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