Chipotle Mexican Grill-Bill Ackman's Chipotle Bet Still Sizzles Despite 52-Week Low

Bill Ackman's once-scorching bet on Chipotle Mexican Grill Inc CMG has cooled dramatically, with the burrito giant's stock now at a 52-week low. Shares closed at $38.76, down 35% year-to-date and 28% over the past year, leaving Ackman's high-conviction holding looking decidedly less appetizing – at least in the short term.Track CMG stock here.From Star Performer To Stale IngredientAckman, who first scooped up Chipotle shares in 2016, has seen the position soar more than 388% from his$ 8.08 average buy price ...