Chipotle Mexican Grill, Inc.
Short
Updated

CMG earnings 10/21 after hours possible epic drop

168
Chipotle is currently trading at an egregious 149 P/E! How is a restaurant, in this COVID economy, trading at such an obnoxious valuation? It’s not like this is a ZOOM or TSLA. Lol. To put this in context, MCD P/E = 36, YUM P/E = 29. Something is out of whack. Also, CMG is trading at $200+ over it’s 1 year trend line for no apparent logical reason? Good luck and happy trading friends...
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