In 2016, shares of Chipotle Mexican Grill lost more than half their value after widely reported incidents of customers suffering from food food poisoning after eating at he restaurants. The change in stock price illustrates which principle? Market prices reflect information. Individuals respond to incentives. Cash flows are the source of value. The time-value of money.

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The change in stock price of Chipotle Mexican Grill in 2016 losing more than half its value following widely reported incidents of food poisoning alig... View the full answer