Chipotle Mexican Grill's board of directors has approved a 50-for-1 stock split, potentially one of the largest in NYSE history. The split aims to lower the stock price and provide more shares to existing investors, with shares currently trading at $2,972. Stock splits do not directly double investors' money.
Chipotle's historic stock-split proposal spotlights the enormity of this yearโs bull run by showing the lengths the fast-food chain must go to bring its shares within reach of those who enjoy its affordable burritos https://t.co/Pbv82NDXDA
$CMG stock split explained simply. Chipotle announced a 50-for-1 stock split. Stock splits always confuse A LOT of investors. It's natural to think doubling the shares will double your money, but that's not true. When a company splits its stock, ๐ถ๐๐ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐โฆ https://t.co/VxjbCmZfhH
Chipotle announces first stock split in its history with shares trading at $2,972. https://t.co/DmFZKNbEkV
Chipotle Mexican Grill is planning to lower its stock price and give more shares to its existing investors. https://t.co/HxSaoXiUID
The board of directors for fast-casual restaurant chain Chipotle Mexican Grill has approved a stock split that could be one of the biggest in NYSE history. https://t.co/Vrwnj5HDTw
Chipotle's board has approved a 50-for-1 stock split. Here's what that means https://t.co/AExOugDhBz