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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.
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.
Image source: Chipotle. A quick review. On March 19, Chipotle management announced a 50-for-1 stock split, "one of the biggest stock splits in New York Stock Exchange (NYSE) history."The matter ...
Chipotle Mexican Grill (NYSE: CMG) shares, which soared to highs beyond $3,000 in recent times, today start trading at a new, more appetizing price. The company has completed its 50-for-1 stock ...
Chipotle Mexican Grill (NYSE: CMG) ... Considering Chipotle's price today -- about $3,214 -- the price following this 50-for-1 stock split will be about $64. ... Chipotle stock still could deliver ...
Chipotle (NYSE: CMG) is one step closer to the finish line of its historic stock split.At its annual meeting of shareholders held on June 6, 2024, shareholders approved the measure, paving the way ...
Chipotle Mexican Grill (NYSE: CMG) finally executed its much-anticipated 50-for-1 stock split last month. The fast-casual pioneer saw its stock price rise to well over $3,000 before the split ...
The most common stock splits are typically smaller ratios like 2-for-1 or 3-for-1 — making Chipotle's proposed 50-for-1 move pretty rare in U.S. stock history.