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Barron's: Chipotle is losing its spice

Jul. 06, 2015 4:54 AM ETChipotle Mexican Grill, Inc. (CMG) StockCMGBy: Yoel Minkoff, SA News Editor15 Comments
  • Shares of Chipotle (NYSE:CMG) are losing their spice, a weekend article in Barron's declared, stating that unless growth revives at the company, the stock could see a 15%-20% plunge.
  • Rising food and healthcare costs are crimping the burrito chain, and April's disappointing results as well as the the removal of pork from one-third of its restaurants are expected to hammer the stock.
  • Since peaking at $727.17 in early January, Chipotle shares have fallen about 16% and closed Thursday at $609.56.
  • Source: Barron's

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