Reported 1 day 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