CHIPOTLE LEAPS ALMOST 6% AS ACKMAN TAKES A BITE
Chipotle Mexican Grill closed up 5.9% to $438.45 Wednesday after it was disclosed that investor Bill Ackman has taken a sizable stake. Chipotle said Ackman’s Pershing Square Capital Management has bought 2.88 million shares, about 9.9% of the shares outstanding.