Chipotle’s Dips and Dividends

Chipotle, a paragon of growth stocks, has ascended a modest 60% over five years, a pace so pedestrian it might as well have been measured in inches. The three-year span, half that, whispers of a faltering gait. Yet the past year has seen a quarter of its value vanish, as if the stock itself had been ensnared by a sorcerer’s curse. To trace the descent from mid-June of last year-when the shares hit an all-time high mere days before a 50-for-1 split-reveals a plunge of 40%, a tragedy more tragic than a poet’s unrequited love.








