Where Is Chipotle Stock Headed Post Stock Split?
CMGChipotle Mexican Grill(CMG) Forbes·2024-06-27 20:00

Chipotle Mexican Grill logo sign is seen on a restaurant in New York, United States, on October 25, ... [+] 2022. (Photo by Beata Zawrzel/NurPhoto via Getty Images)NurPhoto via Getty ImagesChipotle Mexican Grill stock (NYSE: CMG), a fast-casual restaurant chain that focuses on fresh and organic ingredients in burritos, salads, and more, announced a 50-to-1 stock split. That means the number of shares one owns will increase by 50x, i.e, 50 shares now owned for every 1 share previously owned. This is typicall ...