Chipotle Stock Extends 6% Rally on Report Starbucks Explored Takeover; Analysts Split

thecryptobasic2026-10-09 12:02:53

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Chipotle Stock Extends 6% Rally on Report Starbucks Explored Takeover; Analysts Split

Chipotle Mexican Grill (NYSE: CMG) shares rose 0.37% to $32.80 in Friday premarket trading after gaining 6.21% on Thursday, as investors assessed reports that Starbucks had explored acquiring the burrito chain. The advance followed a Financial Times report that Starbucks had considered a potential takeover, although neither company has confirmed a transaction.

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