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Is the Pullback in Chipotle's Stock a Great Buying Opportunity for Investors?
CMGChipotle 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.Butlastweek,itssharesdippedbelow62. 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 ...