, Columnist
No News Is Bad News For Chipotle Stock
A lack of updates adds to a list of worries for the stock.
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No news is usually good news when you're a restaurant trying to overcome a food-safety crisis. But Chipotle may be going a little too far.
The burrito chain has recently taken a less-is-more approach to updating investors about sales in the wake of last year's norovirus and E. coli outbreaks, and its share performance is starting to suffer as a result. The stock closed below $400 this week for the first time since July 2013.