Diamonds and Dogs
Ready to guac and roll at Chipotle Mexican Grill (CMG). Chipotle is up a percent on an upgrade at Cowen with a Wall Street high of $2,250 from $2,080 and affirming an outperform rating. Chipotle profits are going higher as the digital carry-out mix of sales and third-party delivery mix is growing.
China government does not like video games. NetEase (NTES) is down 5% as the Chinese government summoned gaming firms Tencent Holdings and NetEase to ensure they implement new rules for the sector. It also said it would crack down on illegal behavior in the ride-hailing industry.
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