Paul Cerro published a short thesis on Sweetgreen back on February 11th. The idea was that Sweetgreen tries to present themselves as a tech company when in reality all they do is sell overpriced salads.

Sweetgreen just lowered their forecast, announced layoffs, and office downsizing. The stock is down 22% after hours.

Check out Paul's memo here— $SG is down 38% since he posted it (and that's BEFORE this after hours drop)

You can also watch Paul give a 2 minute pitch on the stock at 'The Market' game back in February: