Doubleline's Jeffrey Gundlach Calls Chipotle A Good Short
From Hedge Funds
March 15, 2017 - 1:45pm
Doubleline's Jeffrey Gundlach said Wednesday he's been shorting Chipolte Mexican Grill, Inc. (NYSE: CMG) stock for "awhile," and shares plunged $6.46 from a daily high of $401.05.
Gundlach told CNBC he increased his short position by eightfold, which sent the stock to a low of $399.55 before it began ...Full story available on Benzinga.com
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