Chipotle (CMG) Finishes in the Red
Chipotle stock (CMG) had a rough day today falling $2.80 to a close of $58.09. Trading volume today ended up just average average with 426,400 shares traded. Thursday then in fact was a distribution day for the stock and you have to wonder where the support is going to come. I am guessing you will find some support at around this price or at its 50 day moving average which is around $57 a share. The stock has still been hot since its IPO so keep an eye on it.
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