Chipotle Shares Rising Despite Earnings, Guidance Miss

After being down as much ad 3% in after-hours trading Thursday, shares of struggling fast-food restaurant Chipotle Mexican Grill were up over 2% to $432 after the company missed analysts fourth-quarter revenue and earnings estimates. The company reported earnings of 55 cents per share on revenue of $1.03 billion versus analysts’ expectations of earnings of 57 cents per share on revenue of $1.04 billion.