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Why the Chipotle Stock Price Will Head Even Lower After Today’s 6% Drop

Thursday, March 10, 2016 6:35
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(Before It's News)

The Chipotle stock price was down 6% in early trading today (Wednesday) after the company suffered yet another setback.

And we think the Chipotle Mexican Grill Inc. (NYSE: CMG) stock price will continue to fall even farther in 2016 because of one massive bearish indicator.

Before we get to that, here’s why the Chipotle stock price is tanking once again today…

Tags: buy chipotle stock, Chipotle shares, Chipotle stock drop, chipotle stock price, Chipotle stock price today, CMG stock, CMG stock price, NYSE: CMG

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The post Why the Chipotle Stock Price Will Head Even Lower After Today’s 6% Drop appeared first on Money Morning – We Make Investing Profitable.

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