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Have We Had Enough Chipotle?

On Friday, Chipotle Mexican Grill (cmg) reported earnings. Though they barely missed analysts’ estimates, investors were clearly displeased, especially at first.

At one point on Feb. 15, Chipotle’s stock had plunged 12%. It recovered to end the day with a 3% loss. Chipotle is a great company with tasty products (one of which – crispy vegetarian tacos — I consumed for lunch today) and strong growth prospects. But the stock has also been relentlessly hyped over the past year.