USA TODAY: Shares of the company that operates Taco Bell are up while Chipotle is struggling.
USA TODAY: Shares of the company that operates Taco Bell are up while Chipotle is struggling.
The answer has nothing to do with taco or burritos or even carnitas. The reason is all about the vagaries of Wall Street expectations – and how profits measure up – which is a game that rules Wall Street this time of year.
The numbers are a bit surprising. Shares are Yum are up $3.85, or 4.8%, to $84.71 today. That leaves the shares up 9.5% this year. Meanwhile, formerly red-hot stock Chipotle shares are down $44.43, or 6.4%, to $648.50. The stock is down 4.7% this year.
