The following video is from Tuesday's Investor Beat, in which host Chris Hill and analysts Jason Moser and Charly Travers dissect the hardest-hitting investing stories of the day.
Parent company Jack in the Box announced that it's closing 20% of the Qdoba Mexican Grill locations it owns. While shares of Jack in the Box are up on the news, investors are left wondering whether even more Qdobas should close their doors for good. Meanwhile, shares of Chipotle rise by virtue of the fact that there is less competition for hungry consumers. Is this a short-term blip while Qdoba retools or part of a long-term trend that will only strengthen Chipotle's competitive advantages? That story, plus Amazon.com's new "Birthday Gift" service, Hormel Foods cuts guidance on full-year profits, Whirlpool teams up with SodaStream, and one activist investor increases his holding in Sony. Also, two stocks our guys will be watching very closely this week.
