Technically Speaking
Quite a fall from the IPO run in 2015. Technically, it really is simple. It will either hold these lows, or it won't. It will most likely take some upside surprises to get this stock going again. I remember this company when it went public. Almost nobody had any doubts this would be a huge success and guess what it might be one day. Unfortunately, the economic reality hit this stock hard, relative to expectations.
One thing I have learned over the years is these types of companies, that are super hyped, and this was, tend to always disappoint. Rinse, repeat.
Fundamentals
Here is a company summary.
What to do?
For me, this is more of a "do you believe this company is viable and has room to grow vs expectations". I don't have any insights into the fast casual space, maybe you guys do. It feels d/f from when Chipotle made its run. Back then, fast casual was kinda new and not as many competitors, but I could be wrong.
Quite a fall from the IPO run in 2015. Technically, it really is simple. It will either hold these lows, or it won't. It will most likely take some upside surprises to get this stock going again. I remember this company when it went public. Almost nobody had any doubts this would be a huge success and guess what it might be one day. Unfortunately, the economic reality hit this stock hard, relative to expectations.
One thing I have learned over the years is these types of companies, that are super hyped, and this was, tend to always disappoint. Rinse, repeat.
Fundamentals
Here is a company summary.
What to do?
For me, this is more of a "do you believe this company is viable and has room to grow vs expectations". I don't have any insights into the fast casual space, maybe you guys do. It feels d/f from when Chipotle made its run. Back then, fast casual was kinda new and not as many competitors, but I could be wrong.
