Is the Pullback in Chipotle's Stock a Great Buying Opportunity for Investors?
Chipotle Mexican Grill(CMG) The Motley Fool·2024-08-02 12:10
Can Chipotle's stock bounce back from its recent sell-off?A stock split doesn't always lead to a big rally. Chipotle Mexican Grill (CMG -1.58%) recently deployed a massive 50-for-1 stock split, but its shares have been going in the opposite direction of late. On June 27, the stock began trading on a post-split basis at just over $62. But last week, its shares dipped below $50.Since then, the company has reported its latest earnings numbers, which remained strong. But despite this, the stock has been struggl ...