3 Stocks Set to Drop: Twitter, Ellie Mae, and Chipotle
With the market at an all-time high, it's good for investors to be selective with their stocks. Companies with broken business models, unpredictable headwinds, or brand-tarnishing scandals are best avoided. Let's take a closer look a three stocks that fall into those categories -- Twitter (NYSE: TWTR), Ellie Mae (NYSE: ELLI), Chipotle Mexican Grill (NYSE: CMG).
Twitter's monthly active users rose 5% annually to 328 million last quarter, but that was flat from the previous quarter. Its total revenue slipped 5% annually to $574 million, and its ad revenue fell 8% -- marking its third straight quarter of ad revenue declines.
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Source: Fool.com