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July 7, 2024 at 4:45 PM. Restaurant chain Chipotle Mexican Grill (NYSE: CMG) capped an amazing run up in its share price this year with a 50-for-1 stock split in June. It was one of the largest ...
Chipotle’s 50-for-1 stock split: One of the biggest in NYSE history Chipotle’s 50-for-1 split is a bold move. While stock splits are relatively common, a 50-to-1 ratio is rare.
Here's What to Expect. Chipotle Mexican Grill (NYSE: CMG) has split its stock in a historic, 50-for-1 transaction (one of the biggest stock splits ever). It's the first time the company, which has ...
Viatris Inc. Viatris Inc. is an American global pharmaceutical and healthcare corporation headquartered in Canonsburg, Pennsylvania. The corporation was formed through the merger of Mylan and Upjohn, a legacy division of Pfizer, on November 16, 2020. [2] The name of the corporation comes from the Latin words via, meaning path, and tris, which ...
His note on Wednesday morning replaces the earlier target of $2,865 with $58. If this was an actual 50-for-1 revision, the new price would've been $57.30. It's natural to avoid going right of the ...
Here's what Chipotle reported, compared to Wall Street estimates per Bloomberg consensus data: Net sales: $2.47 billion versus $2.47 billion expected Adjusted EPS: $11.36 versus $10.51 expected
Its post-split stock price is still higher than when the company went public in 2006 at $22 per share. Bernstein analyst Danilo Gargiulo told Yahoo Finance that Chipotle could benefit from this split.
Considering Chipotle's price today -- about $3,214 -- the price following this 50-for-1 stock split will be about $64. Though the record day to benefit from the split was on June 18, if you buy ...