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Chipotle Stock Reaches Record High

Business

0  Updated at 2:30 pm, July 22nd, 2014 By: ABC Digital
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iStock/Thinkstock(NEW YORK) — Chipotle shares hit an all time high on the New York Stock Exchange on Tuesday, with prices closing up more than 12%.

The Mexican fast-food chain reported robust second quarter earnings after the close Monday.

The Dow Jones Industrial Average rose 61 points on Tuesday, ending the day at 17,113.54, and the Nasdaq climbed more than 31 points, closing at 4,456.02.

The S&P 500 closed at a record high, up almost 10 points at 1,983.53.

Sales of previously owned homes were up again in June, to the highest level in 8 months. The National Association of Realtors says it was the first time they topped the 5 million mark since October.


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