Reported 29 days ago
Jim Cramer recently expressed concerns about Chipotle Mexican Grill's stock performance, highlighting that the company has become significantly more expensive since the COVID pandemic. He noted that despite a relatively unchanged customer experience, higher prices have negatively impacted demand, as reflected in the plummeting stock price from $56 at the departure of its former CEO, Brian Niccol, to around $43 while the S&P 500 has risen.
Source: YAHOO