Chipotle's Stock Falls 53% After Split Amid Slowing Growth and Rising Costs
Since its 50-for-1 stock split in June 2024, Chipotle Mexican Grill (CMG) has seen a significant decline of over 53%. The drop is attributed to slowing revenue growth, higher operational costs, and leadership uncertainty following the departure of former CEO Brian Niccol. These factors have led to declining margins and weaker financial performance.
Topics: Chipotle leadership changes margin pressure revenue decline