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Shares of Chipotle Mexican Grill (NYSE:CMG) surged 16 percent on Friday and continued to attract attention in late afternoon hours. Chipotle was also the best performer in the S&P 500 on Friday. Chipotle recently announced quarterly earnings of $2.66 per share, below estimates calling for $2.87 per share. However, revenue of $827 million was better than expected. “Our unique food culture continues to resonate with our customers. We are proud of the investments we have made over the years to source sustainably raised ingredients, which allows us to serve delicious food. By sourcing the best possible ingredients and cooking them according to classic cooking techniques we continue to demonstrate that just because food is served fast, it doesn’t have to be a typical fast food experience,” said Steve Ells, Founder, Chairman, and co-CEO of Chipotle. Shares of Chipotle are also trading at all-time highs.