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Chipotle jumped 6.21% on October 8 after a report that Starbucks explored a takeover. The Q3 guide it reports against on October 28 assumed one food scare would last all quarter and excluded the other.
A move by Starbucks to buy the fast-casual Mexican chain would combine two of the most recognizable restaurant brands.
Before getting swept up in the excitement, consider what every previous Starbucks headline moment delivered to investors who bought in on the news.