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Barchart
Wajeeh Khan

Chipotle Stock Is Plunging. Should You Buy the Dip Today?

Chipotle (CMG) stock opened more than 20% down today after the chain of fast-casual restaurants reported in-line earnings and weaker-than-expected revenue for its third financial quarter (Q3). 

Investors are bailing on CMG also because the company’s chief executive, Scott Boatwright, said same-store sales haven’t improved in October and are now seen coming down by roughly 5% in 2025. 

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