According to BusinessInsider Chipotle Mexican Grill just missed big time on its third-quarter earnings results. The fast, casual Mexican restaurant's earnings came in at $2.27, below analysts' estimates of $2.29 per share. Shares of Chipotle were last trading down more than 12% in after-hours.....
This is definitely a huge with for hedge fund hot-shot David
Einhorn, the founder of Greenlight Capital. Earlier this month at the Value Investing Congress, Einhorn
recommended shorting Chipotle. He said the biggest challenge Chipotle faces is
competing with a resurgence in Taco Bell, which has a much lower price point………………………………………………………………………………………………………………………………………….
Find out more at Read more: http://www.businessinsider.com/david-einhorn-chipotle-2012-10
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