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June 26, 2024 at 10:02 AM. 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 ...
June 26, 2024 at 12:14 PM. Chipotle's 50-for-1 stock split takes effect: Key takeaways. /. Loaded 0%. Chipotle ( CMG) investors will notice a difference in their portfolios today. The burrito ...
June 27, 2024 at 8:25 AM. Chipotle(NYSE: CMG) has officially joined the stock split club after shares began trading at a fiftieth of their previous price. If you're a shareholder, don't panic. You ...
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 ...
Chipotle’s 50-for-1 split is a bold move. While stock splits are relatively common, a 50-to-1 ratio is rare. In fact, it’s one of the biggest stock splits in New York Stock Exchange (NYSE ...
Analysts at Goldman Sachs (NYSE: GS) called Chipotle a "top idea," assigning a buy rating and a price target of $3,730. This represents potential gains for investors of 18% over the coming year ...
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 ...
Even better, when management decides to split a company's stock, it implies that it thinks there's more growth coming. Chipotle Mexican Grill (NYSE: CMG) wowed Wall Street back in March with the ...