Chipotle Mexican Grill Starts 2016 The Way It Ended 2015, Moving Lower

Chipotle Mexican Grill CMG shares are trading lower by $30.74 at $449.12 in Monday's session. The issue, which ended 2015 at its lowest level since October 2013 has not reverse its recent sharp decline. After a $10 plus lower open, it could only $0.30 to $469 before continuing to decline. So far, it traded down to $448.09 and has not been able to distance itself from that level. This marks the lowest level for the issue since it bottomed on October 17, 2013 when it bottomed at $438.05. The following day it leaped to $509.74 following its Q2 2013 earnings report