The Burrito Bubble is Chipotle the most Overvalued Stock in America? — Market Mad House

America faces a burrito bubble, shares of Chipotle Mexican Grill (NYSE: CMG) were trading at $1,348.47 on 20 October 2020.

Moreover, Chipotle’s share value grew by $489.57 in 2020. Mr. Market paid $858.19 for Chipotle (CMG) on 2 January 2020 and $1,339.68 on 16 October 2020 and $1,348.47 on 20 October 2020. Moreover, Chipotle shares rose to $1,379.03 on 2 September 2020.

In contrast, Chipotle reported a quarterly operating loss of -$4.94 million and a…