Chipotle Mexican Grill Inc. (NYSE: CMG) has had a tough couple of years. After peaking in the summer of 2024, the fast-food giant entered a prolonged downtrend, with its shares losing more than half their value, leaving investors questioning whether the company’s best growth days were behind it.
While the stock rallied 40% between last November and January, it’s since given up most of those gains. However, recent developments suggest the narrative may be shifting. And somewhat surprisingly, one of the key drivers behind that shift is a fan-favorite menu item making its return—let’s jump in and take a closer look.
