Shares of Chipotle Mexican Grill plunged over 20% due to concerns about affordability and weakened US consumer, erasing nearly half its value. Trade volume spiked to 110 million shares, signaling institutional repositioning amid panic selling. Earnings miss and weak same-store sales growth raised concern about US consumer strength, prompting rapid repricing. Retail sentiment on Chipotle turned negative after earnings, with concerns about affordability and competition. Analyst consensus price targets remain high, but expected to fall as estimates are updated. Chipotle is priced for growth it is no longer delivering, with a disconnect between Wall Street targets and market reality.

Read more at Yahoo Finance: Investor Faith In Chipotle (CMG) Falls 50% On Battered US Consumer Spending