The time has finally come. On June 16, shares of Chipotle Mexican Grill (NYSE: CMG) underwent a closely watched and historic 50-for-1 stock split. The previous four-figure price tag of the stock is currently at about $65. Management felt this was the right proposal, given how well the restaurant company’s shares have been performing. They’re […]
It didn’t make a sound. It didn’t shake the ground. But after the market closed on Tuesday, one of the biggest stock splits ever took place. Chipotle Mexican Grill (NYSE: CMG) announced on March 19, 2024, that its board of directors approved a 50-for-1 stock split. On June 6, the restaurant operator’s shareholders approved the […]
Chipotle (CMG) investors will notice a difference in their portfolios this morning. The burrito giant conducted a 50-for-1 stock split, the company’s first split ever and one of the largest in the history of the New York Stock Exchange. Chipotle CFO Jack Hartung told investors he believes this will make shares more “accessible to our […]
High-profile stock splits are en vogue, it seems. Just days after Nvidia split its shares 10-for-1, Broadcom announced it would follow suit. In fact, several big names are choosing to split theirs this summer. After Nvidia’s stock split, maybe the most anticipated is fast-casual restaurant pioneer Chipotle (NYSE: CMG). Shares of Nvidia are up about […]
High-profile stock splits are en vogue, it seems. Just days after Nvidia split its shares 10-for-1, Broadcom announced it would follow suit. In fact, several big names are choosing to split theirs this summer. After Nvidia’s stock split, maybe the most anticipated is fast-casual restaurant pioneer Chipotle (NYSE: CMG). Shares of Nvidia are up about […]
Source: TradingView.com Key Takeaways Chipotle shares dropped more than 6% on Thursday, just days before a 50-for-1 stock split in the fast casual restaurant chain’s shares. Institutional investors may be booking profits ahead of next Wednesday’s split, given the stock has gained more than 40% since the start of the year and has more than […]
Investors who hold Chipotle stock at the end of trading Tuesday will add more than chips and guac to their portfolio. Shareholders of record on June 18 are set to be included in the company’s upcoming 50-for-one stock split. The split is a first for the company and is one of the largest in the […]
Chipotle Mexican Grill Chipotle Mexican Grill CMG $77.11 2.36% 89% IBD Stock Analysis Flattish consolidation has a 3,260 entry. Buy range runs to 3,423. Composite Rating Industry Group Ranking Emerging Pattern Consolidation * Not real-time data. All data shown was captured at 12:01PM EDT on 06/17/2024. Chipotle Mexican Grill (CMG) earns the IBD Stock of […]
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 for its 50-for-1 stock split to take place later this month. There are a few important dates for shareholders to remember. […]
Investors love a good stock split. Those events don’t do anything more than split the same-sized pie into smaller pieces, but they only occur after a company’s share price has soared, which generally indicates that the business is doing quite well. Even better, when management decides to split a company’s stock, it implies that it […]
Chipotle Mexican Grill (NYSE: CMG) is one of the most recognized restaurant chains in the world. Its relentless focus on food quality and top-notch customer service has helped it build one of the most loyal followings among fast-food businesses. With sizzling carne asada, tasty burritos, and fresh avocado, it’s hard not to enjoy a meal […]