The Traderszone Network

Published in TZ Latest News 8 July, 2017 by The TZ Newswire Staff

Why Chipotle Mexican Grill, Inc. Stock Slipped 13% in June

Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) were unraveling last month after the burrito roller issued a warning on its second-quarter performance. According to data from S&P Global Market Intelligence, the stock lost 13% last month.

Image source: Chipotle

As you can see from the chart below, the bulk of that decline came on June 20 when that warning came out.

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