Chipotle Mexican Grill, Inc. CMG, which is recovering from a series of food-borne illness issues, faced another blow when it closed a Boston-area store after four of its employees fell ill.
However, no customer illnesses were reported at the burrito chain, according to a report on NewYork Post.
Related Link: http://nypost.com/2016/03/09/chipotle-shares-crumble-after-four-employees-fall-ill/
The news came a week after a market survey that showed willingness to eat at the restaurant is increasing. Chipotle is the owner of fast-casual concepts, including its namesake brand – the second-largest fast-casual restaurant concept in the United States in terms of domestic system-wide sales.
Read more: http://www.benzinga.com/media/cnbc/16/03/6850691/chipotle-haters-are-coming-back#ixzz42Pe5auxR
Chipotle's stock was battered after outbreaks of norovirus and E. coli at its restaurants sickened customers last year. Late January, Chipotle was served with a subpoena broadening the scope of the previously-announced criminal investigation related to the outbreak. It was just earlier this year that the Centers for Disease Control and Prevention closed its investigation of Chipotle.
Chipotle's shares fell 3.8 percent to $504.50 in the after -hours trading on Tuesday. The stock closed Tuesday's regular trading session at $523.62. They have gained 9 percent this year.
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