Chipotle stock slips ahead of earnings as options traders price a near 10% swing
Chipotle shares fell about 1% to $38.50 late Monday ahead of Tuesday’s earnings report. Options markets are pricing in a move of roughly 9.6% in either direction after results. Analysts expect quarterly revenue of $2.96 billion and adjusted earnings of 24 cents per share. Chipotle will release results after markets close Tuesday.