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Actionable news in CMG: CHIPOTLE MEXICAN GRILL Inc,

Why Even Drones Can't Lift Chipotle Mexican Grill's Stock

It sounds like both the stuff of science fiction and every college freshman's dream come true: burrito delivery by drone.

But the latest headline-grabbing story from Chipotle Mexican Grill (CMG) is something else as well: a bit of feel-good news intended to boost the public's perception of a company that has rapidly fallen out of favor.

On Thursday, we learned that Chipotle is working with Google parent Alphabet on a test program to deliver food via drone to...


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