Diamonds and Dogs
Chipotle Mexican Grill (CMG) is back. After dropping 30% in two months due to an E. Coli outbreak that sickened 60 customers, the stock is rebounding 4% today after the CDC department announce that the outbreak appears to be over. Chipotle may be getting an extra boost today ahead of fourth quarter earnings announcement set for tomorrow. Things are looking up for Chipotle.
EXTREME SPORTS! I am willing to bet that each of the competitors from the winter X Games this past weekend have at least one of our Dog's cameras. Go Pro (GPRO) is down 4.5% to 10.85 trading just above their 52 week low of $9.90 per share. It hasn't been a great six months for GoPro as the stock has dropped over 80% since August. Adding insult to injury, the stock was downgraded today with a $7.50 price target. With earnings set to be released in the coming days and no growth prospects, let's hope GoPro can turn things around.