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Barchart
Barchart
Rashmi Kumari

Is Chipotle Mexican Grill Stock Underperforming the Dow?

Chipotle Mexican Grill CMG

Based in Newport Beach, California, Chipotle Mexican Grill, Inc. (CMG) operates quick-casual and fresh Mexican restaurant chains. With a market cap of $77 billion, the company offers a focused menu of burritos, bowls, quesadillas, tacos, and salads. 

Companies valued at $10 billion or more are generally labeled as “large-cap” stocks, and Chipotle Mexican Grill fits this criterion perfectly. The company runs approximately 3,500 restaurants as of Jun. 30, 2024, and is renowned for using fresh-quality ingredients and offering various customization. 

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