Closing Bell: Qdoba Profits Off Chipotle Pain; U.S. Stocks Mixed

Apple was in Wall Street's cross-hairs again, churning out fresh 52-week lows and tumbling further into a bear market.

Author:: Keris Alison Lahiff
Publish date:: May 12, 2016 4:38 PM EDT

Apple (AAPL) - Get Report was in Wall Street's cross-hairs again, churning out fresh 52-week lows and tumbling further into a bear market. Stocks did manage to come back from lows, though, with the S&P 500 and Dow closing around the flatline. Chesapeake Energy (CHK) - Get Report plans to swap 4.1 percent of its shares for outstanding debt. The move marks its latest effort to diminish its debt load amid lower commodity prices. Jack in the Box (JACK) - Get Report benefited from a sales slump at Chipotle (CMG) - Get Report at the start to the year. The fast food company enjoyed a nearly 10 percent increase in revenue at its burrito chain Qdoba. Walmart (WMT) - Get Report is ramping up efforts to compete with online rival Amazon (AMZN) - Get Report .