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Brutal day for CULT stocks

  • Momentum favorites Chipotle (CMG -4.2%), Under Armour (UA -8.8%), Lululemon (LULU -6.5%), and Tesla Motors (TSLA -9.1%) are getting bashed again as investors decrease their risk tolerance.
  • The blended loss for the four CULT stocks is steeper than what the FANG stocks are peeling off on the day.
  • Aside from investor anxiety, Chipotle took a long lunch break today, while Tesla is reeling from analyst resets.
  • Previously: Is it time for Tesla Motors to take on a strategic partner? (Feb. 08 2016)
  • Previously: Chipotle's lunch break begins (Feb. 08 2016)

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CMG--
Chipotle Mexican Grill, Inc.