Chipotle Mexican Grill (CMG) shares are up 3.61% to $62.15 as of 3:50 pm on Friday, rising from its previous close of $59.98. The stock's upward movement today comes amid news of the company's expansion plans in Lancaster, New York. Chipotle is collaborating with Benderson Development to establish a new 2,400-square-foot location on Transit Road at Wehrle Drive. This development is part of Chipotle's ongoing strategy to increase its footprint, potentially boosting investor confidence in the company's growth prospects.