What Investors Missed in the Market This Week
Markets continue to hold near-record levels as investors turn their heads toward company conference calls as earnings season heats up. The Dow Jones Industrial Average dropped 0.27% for the week, while the S&P 500 and NASDAQ posted gains of 0.54% and 2.36%, respectively. But what a week for massive headlines -- let's dig into three big moves and developments from this week.
Poor investors of Chipotle Mexican Grill, Inc. (NYSE: CMG) can't catch a break when it comes to food safety concerns. Shares of the once phenomenal growth stock -- and still a huge winner for long-term investors -- are still trying to recover from the food safety debacle that happened in 2015.
If you recall, Chipotle consumers in Washington state contracted E. coli, followed by far more consumers getting sick with norovirus, and then by consumers getting salmonella in Minnesota. More instances popped up around the country and it caused Chipotle to put the full press on damage control and rethink its food safety procedures.
Source: Fool.com
Netflix Inc. Stock
Our community is currently high on Netflix Inc. with 76 Buy predictions and 8 Sell predictions.
With a target price of 549 € there is a slightly positive potential of 5.35% for Netflix Inc. compared to the current price of 521.1 €.
