Closing Bell: Chipotle Rises, Tech Stocks Lead Selloff, Lululemon Sinks
On this episode of Stock Movers: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. - Chipotle (CMG) shares traded higher against a broader market selloff after JPMorgan upgrades to overweight from neutral citing a “rare valuation opportunity” for the stock. - AI-related tech stocks led a steep decline in equities on Friday. Broadcom's (AVGO) disappointing AI outlook triggered the selloff, with companies like Meta (META), Micron…
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