A Smokin' Hot Entry Point for Chipotle Stock Opens in Q3
Summary
Chipotle Mexican Grill's NYSE: CMG share price plunged by more than 10% following its fiscal Q2 release, opening what ca...
Chipotle Mexican Grill's NYSE: CMG share price plunged by more than 10% following its fiscal Q2 release, opening what can only be called a smoking hot entry point. The price plunge was sparked by weak comparable store sales, a problem to be sure, but one tied to macroeconomic conditions and a consumer pullback, rather than fundamental operating conditions.