Chipotle Reaches Highest Level Since Q3 Report

Chipotle Mexican Grill, Inc. CMG shares are trading higher by $4.70 (1.5 percent) at $288.50 in Friday's session. There has been very little news on the stock for the entire week.

Its slightly lower opening trade ($283.56) stands as the low for the session, which is just under Thursday's closing price of $283.70. The ensuing rally surpassed Thursday's high ($289.25), reaching $291.51.

That marks the highest level since Chipotle's stock gapped down from the $325.00 area following its disappointing Q3 report on Oct. 24.