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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 stock is down 6% in the past month, and it hasn't been taking off since its shares split on a 50-for-1 basis on June 26. But it's still early on, as most of those returns noted above ...
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.
Chipotle Mexican Grill. Chipotle Mexican Grill, Inc. ( / tʃɪˈpoʊtleɪ /, chih-POAT-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 June 30, 2024, Chipotle has 3,500 restaurants. [7]
A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. In short, ticker symbols are arrangements of symbols or characters (generally Latin letters or digits) representing specific assets or securities listed on a stock exchange or traded publicly. A ...
DraftKings Inc. is an American gambling company. Based in Boston , Massachusetts , it offers sportsbook and daily fantasy sports (DFS) services. The company was originally launched in 2012 as a DFS provider, competing principally with the New York-based FanDuel .
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Throughout much of Chipotle's history, there wasn't a pressing need for a stock split. The Mexican restaurant chain's share price didn't rise above $1,000 until 2020.