The markets were lower on the day today but continue to trade in a wider than average range. The move today started to signify that traders are settling into these price levels for the short term. The Dow 30 lost 19, the S&P 500 was down 13, and the Nasdaq 100 lost 63. President Trump took to twitter in an attempt to stave off the markets declines, blaming the media once again for the move. Traders continue to worry that there is still more to come.

Chipotle (CMG  ) shares sold off 10% today despite the company reporting earnings better than expected. The company largely saw the increase thanks to price increases. They even announced bonuses for their employees and a tuition reimbursement program. The focus was on the announcement of their $50 million "refresh" program which will invest around $20,000 in each store. Analysts were quick to downgrade the stock today on this news for fear that it may not be enough to gain back the trust of customers. The company continues to struggle with food borne illness which has pushed away many of their loyal client base.

Snap (SNAP  ) shares shot higher by 47% today as the company announced that user growth finally increased for the first time since going public. The company announced that they had fixed some of the issues that plagued them in the past and that led to users sticking around longer. The focus was also on advertisers as they were more eager to come to the app thanks to lower bid prices. More than 90% of ads are placed using their auction style bidding which drove prices down, leading to more revenue for the company.

Wynn Resorts (WYNN  ) shares were higher by 9% today following news that the founder and CEO, Steve Wynn would step down. The stock has been under pressure following allegations of sexual misconduct of the CEO. Rumors of a buyout further fueled the rally today as well.