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June 4, 2024 at 6:20 AM. Stock splits seem to be coming back into vogue. After Walmart (NYSE: WMT) and Chipotle Mexican Grill (NYSE: CMG), two of the higher-profile consumer goods stocks on the ...
Similar to Walmart, Chipotle is conducting a split to make its nearly $3,200-per-share stock more accessible to its employees. If shareholders give Chipotle the green light, its shares will trade ...
Chipotle is still mainly U.S.-based -- there's a lot of room to grow. Yet market saturation doesn't look to be an issue any time soon. Chipotle agrees, as it has targeted 7,000 stores for the ...
Chipotle Mexican Grill, Inc. ( / tʃɪˈpoʊtleɪ /, chih-POHT-lay ), [3] often known simply as Chipotle, is an international chain of fast casual restaurants specializing in bowls, tacos, and Mission burritos made to order in front of the customer. [4] [5] [6] As of March 2023, Chipotle has 3,200 restaurants. [7]
Walmart Inc. / 36.36556°N 94.21750°W / 36.36556; -94.21750. Walmart Inc. ( / ˈwɔːlmɑːrt / ⓘ; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores in the United States, headquartered in ...
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Chipotle Mexican Grill (CMG) is set to spice things up with a historic 50-for-1 stock split, a move unprecedented for the company and a rarity in the restaurant industry.
It's done proportionately so that the total value of an investor's portfolio doesn't change. So in the case of Chipotle's 50-for-1 split, each shareholder will be issued 49 additional shares for ...