Why Chipotle Stock Plunged on June 28
By the end of June 28, Chipotle Mexican Grill (CMG) stock was trading at $428.36, a fall of 6.3% from its previous day’s closing price. The lack of detailed information made investors skeptical about the company’s future earnings, leading to a fall in its stock price. To enhance the customer experience and win back customers, Chipotle will be focusing on becoming more relevant and engaging.