Chipotle Stock Tumbles on Third Forecast Cut — Can the Burrito Chain Bounce Back?
Chipotle’s Recent Stock Movement Chipotle’s shares have drifted lower through October. After opening the month near $42–43, the stock slipped amid broader market volatility and lingering doubts about consumer spending. By Oct. 29, CMG traded around $40.40 stockanalysis.com, a level not seen since mid-summer. As TS2.Tech notes, the stock has now fallen about 31% since January ts2.tech, underperforming the S&P 500 by a wide margin. This pullback partly reflects repeated earnings disappointments: for instance, Reuters observed that Chipotle shares “slumped 13%” in July after weak demand caused sales to miss forecasts ts2.tech. In 2025, Chipotle has already trimmed its full-year sales
