Correction-BUZZ-Starbucks stock price drops; reports say the company is considering acquiring Chipotle Mexican Grill
路透社2026/10/08 17:26Correction to point 4: The market capitalization should be approximately $39 billion for Chipotle, not Starbucks. On October 8 — Starbucks (SBUX.O) shares fell by as much as 6.66%, trading at $87.35. The Financial Times, citing people familiar with the matter, reported that the company had explored the possibility of acquiring Chipotle Mexican Grill (CMG.N) (link). The report stated that the progress of the potential acquisition remains unclear. Chipotle (CMG) has a market capitalization of about $39 billion. Chipotle (CMG) shares once surged by as much as 8.55% to $33.40. Chipotle did not immediately respond to a Reuters request for comment. As of the previous trading day's close, SBUX shares were up about 10% year-to-date, while CMG shares had fallen by 12% over the same period. (For the convenience of non-English speakers, Reuters automatically translates its reports into several other languages. Since automated translations may contain errors or lack necessary context, Reuters does not guarantee the accuracy of automated translation texts and provides them solely for the convenience of readers. Reuters accepts no liability for any damage or losses resulting from the use of the automated translation function.)
Correction to Point 4: It should be that Chipotle's market value is approximately $39 billion, not Starbucks'.
October 8 - ** Coffee chain brand Starbucks SBUX.O shares once fell 6.66% to $87.35
** The Financial Times, citing people familiar with the matter, reported that the company had explored the possibility of acquiring Chipotle Mexican Grill CMG.N (link)
** The report stated that the progress of this acquisition plan is still unclear
** Chipotle (CMG) has a market value of approximately $39 billion
** Chipotle (CMG) shares jumped as much as 8.55% to $33.40
** Chipotle did not immediately respond to a Reuters request for comment
** As of the close of the previous trading day, SBUX has risen about 10% so far this year, while CMG has fallen 12% year-to-date
(To facilitate non-native English speakers, Reuters has automatically translated its report into several other languages. Due to possible errors in automatic translation or lack of needed context, Reuters does not guarantee the accuracy of the automatically translated text and provides it solely for the convenience of readers. Reuters accepts no responsibility for any damage or loss caused by the use of the automated translation function.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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