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 […]
Chipotle (NYSE: CMG) has long been the standard bearer for the fast-casual dining it helped pioneer. The company’s focus on fresh ingredients prepared daily has revolutionized the industry and made Chipotle one of the biggest successes in it. Over the past year, the stock is up an impressive 60% (as of this writing), and that’s […]
Chipotle’s highly anticipated 50-for-1 stock split is on deck and may be one of the largest in the New York Stock Exchange’s history. Shareholders of the popular Mexican fast-food chain’s common stock as of Tuesday’s close of trading will receive the additional shares, which will begin trading Wednesday. At current levels, the stock, which closed […]
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 […]
Chipotle Mexican Grill (NYSE: CMG) is doing something it’s never done before in its 30-year history. The company is splitting its stock, with the operation scheduled for this week. The decision came after the shares soared in the triple digits over the past few years, reaching beyond $2,000 last year and past $3,000 this year. […]
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 […]
The size of Chipotle’s (NYSE: CMG) portions has come under scrutiny recently thanks to a viral trend on social media app TikTok — customers have been videoing employees making their burrito bowls to make sure they were filling them properly. The start of this trend can be traced to influencer Keith Lee, who has over […]
(Reuters) – Chipotle Mexican Grill said on Tuesday its board had approved a 50-for-1 split of its common stock, sending the burrito chain’s shares about 7% higher in extended trading. The California-based company said the stock split was subject to shareholder approval at its upcoming annual meeting on June 6. If approved, shareholders of record […]
NEW YORK (AP) — In a rare move on Wall Street, Chipotle Mexican Grill’s board has approved a 50-for-1 stock split. In an announcement Tuesday, the burrito chain lauded the proposed split as one of the biggest in New York Stock Exchange history — while noting it believed the move would also boost accessibility of […]