Chiptole Crashes with Indigestion

I love Chipotle. I don't own their stock, but I've allotted 1,000s of calories to those tasty bastards. And while Chipotle isn't exactly a tech stock (at all!) - they were one of the great stocks of the last couple years.

Until yesterday.

They dropped over 20% including after hours to

57.85
-13.30 (-18.69%)

On December 28th, they peaked at $151. Thats quite a fall. Until yesterday, it was relatively steady as well.



Chipotle expects third-quarter net below year-ago level
NEW YORK (MarketWatch) -- Chipotle Mexican Grill Inc.

56.70, -14.45, -20.3%) on Friday said it expects third-quarter net income to fall slightly below the year-ago figure of 62 cents a share. Wall Street analysts expected earnings of 72 cents a share for the restaurant firm, according to a survey by FactSet. Chipotle said the impact of the weakened economy has been greater than expected, leading to comparable restaurant sales in the low single digits for the third quarter.