Chipotle Stock Climbs As Menu Prices Increase

Your burrito may be getting a bit more expensive.  Chipotle Mexican Grill (CMG) is raising prices across the U.S., the company said Wednesday. “For the first time in over a year, we have taken a modest price increase of approximately 2% nationally to offset inflation,” Chipotle Chief Corporate Affairs Officer Laurie Schalow said in an email to Investopedia.  New Chief Executive Officer (CEO) Scott Boatwright, elevated to the top job last month, on the company’s most-recent earnings conference call in Octob ...