Should You Buy Chipotle (CMG) Stock Before June 26?
Chipotle Mexican Grill(CMG) Investor Place·2024-06-22 02:25
Chipotle (NYSE:CMG) has long dominated the fast-casual restaurant space, leading to blistering growth. Subsequently, its success saw CMG stock rise well beyond the $3,000 per-share price level, making it inaccessible to retail investors who lack access to fractional share ownership. As a result, management will implement a 50-for-1 share split. While the move should boost accessibility, valuation concerns linger.According to the company’s press release, CMG stock will begin trading on a post-split basis on ...