Why Chipotle Mexican Grill Stock Fell Today
CMGChipotle Mexican Grill(CMG) The Motley Fool·2024-10-31 00:17

Is this stellar business facing troubling headwinds? Shares of popular restaurant chain Chipotle Mexican Grill (CMG -6.61%) fell on Wednesday after the company reported financial results for the third quarter of 2024. While financial results were strong, analysts seemed skeptical about the business looking forward. As of 11:30 a.m. ET, Chipotle stock was down almost 7%. A good quarter but investors are worried In Q3, Chipotle's business was booming. Same-store sales jumped by 6% year over year, helped by tr ...