Investor Faith In Chipotle (CMG) Falls 50% On Battered US Consumer Spending

By Yahoo! Finance   |   1 month ago
Investor Faith In Chipotle (CMG) Falls 50% On Battered US Consumer Spending

Chipotle's stock plunged 20% due to affordability concerns and weak consumer outlook. Retail investors are bearish, fearing customers can't afford fast food like Chipotle and DoorDash, signaling a broader economic worry. Analysts' optimistic price targets may soon adjust to reflect the company's declining growth.

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