Louisiana State Employees Retirement System lowered its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 5.6% during the third quarter, HoldingsChannel reports. The fund owned 1,700 shares of the restaurant operators stock after selling 100 shares during the quarter. Louisiana State Employees Retirement Systems holdings in Chipotle Mexican Grill were worth $3,090,000 as []
First Hawaiian Bank lowered its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 4.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 870 shares of the restaurant operators stock after selling 44 shares during the period. First Hawaiian Banks holdings []
Lake Street Financial LLC purchased a new position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 127 shares of the restaurant operators stock, valued at approximately $231,000. Other large investors also recently made changes to their []
by Frances Nguyen This story was originally published at Prism . Throughout the pandemic, news outlets have covered the restaurant industrys struggle with labor shortages and rising costs. But reports of restaurant workers quitting in droves , customer complaints about slow service and limited menus, and hand-wringing over a lack of work ethic consistently overlook a fundamental detail: Restaurant workers, especially back-of-house (BOH) workers, are dying in outrageous numbers from this pandemic. Laboring in jobs that pay less than a living wage, theyre forced to choose between taking their chances elsewhere or remaining in jobs where the risk to their lives cant be understated. Restaurant workers experience poverty at nearly three times the rate of workers in other industries, and workers of color experience poverty at nearly double the rate of their white peers. And now, in an industry notorious for its Jim Crow-legacy wages , BOH food preparation and kitchen staff such as bussers, dishwashers, line cooks, and chefs are being forced to accept considerable health risks to continue working.
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