David Einhorn Is Getting Smoked By Chipotle
Scott Eells/Bloomberg via Getty Images
The stock is trading higher in after-market hours. The stock is up more than 5.6% in the late trading session.
This isn't good news for
The stock is up more than 24% since October 2, 2012 when he recommended shorting the company at the Value Investing Congress.
At the VIC, he said the biggest challenge Chipotle faces is competition from Taco Bell, which has a much lower price point and has been successful with its Doritos Locos Tacos.
He's not the only one who is recommending shorting the stock. Bond god
Here's how the stock has performed since October 2:
via Yahoo! Finance
- Global economy to grow 2.7% in 2024 as major economies avoid severe downturn: UN report
- North Korea has fired a ballistic missile toward Sea of Japan, says South Korean military
- Finance minister asks for greater push and investment in the manufacturing sector at the CII Annual Summit
- China plans to float nuclear reactors in disputed South China Sea; Analysts see it 'risky for environment'
- ISRO announces plans to make India the third country to reach Mars, draws inspiration from NASA’s probes
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market