Why Sweetgreen Stock Lost 21% in October

Key Points Weakening consumer sentiment weighed on Sweetgreen last month. A warning from Chipotle also sent the stock down nearly 9%. Bank of America cut its rating on the stock. 10 stocks we like better than Sweetgreen › Shares of Sweetgreen (NYSE: SG) were among the losers last month, even as there was no major news out on the fast-casual salad slinger. Instead, a growing sense of malaise around consumer spending in the economy and downbeat reports from peers like Chipotle Mexican Grill pushed ...