The 100persharepricepointisamagicalthresholdformanyinvestorsandcompanies.Stockspricedbelowthatamountareconsideredaffordablewhilethoseaboveitare“expensive.”Itiswhywhenmanycompaniesannounceastocksplittheratioappliedistypicallysufficienttogetthesharesbelow100. For example, Chipotle Mexican Grill (NYSE:CMG) trades at over $3,100 per share. Its shareholders just approved a 50-to-1 stock split, one of the largest splits in the history of the New York Stock Exchan ...