Fool.com contributor Parkev Tatevosian discusses what the move could mean for Starbucks (SBUX -0.76%) and Chipotle (CMG -0.94%) stock investors.
*Stock prices used were the afternoon prices of Aug. 13, 2024. The video was published on Aug. 15, 2024.
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Massive News for Chipotle Stock and Starbucks Stock Investors!
By Parkev Tatevosian, CFA
–
Aug 17, 2024 at 7:15AM
NASDAQ: SBUX
Starbucks
Market Cap
$106B
Today's Change
(-0.76%) -$0.71
Current Price
$92.96
Price as of July 29, 2025, 3:58 p.m. ET
Starbucks strikes a deal to snag the Chipotle CEO.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
Parkev Tatevosian, CFA has positions in Chipotle Mexican Grill. The Motley Fool has positions in and recommends Chipotle Mexican Grill and Starbucks. The Motley Fool recommends the following options: short September 2024 $52 puts on Chipotle Mexican Grill. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Stocks Mentioned
Starbucks
SBUX
$92.96
(-0.76%)
$0.71
Chipotle Mexican Grill
CMG
$44.44
(-0.94%)
$0.42
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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