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July 7, 2024 at 4:45 PM. Restaurant chain Chipotle Mexican Grill (NYSE: CMG) capped an amazing run up in its share price this year with a 50-for-1 stock split in June. It was one of the largest ...
Pre-split, Chipotle stock was the third-highest priced in the S&P 500 , after NVR, Inc. and Booking Holdings . Its post-split stock price is still higher than when the company went public in 2006 ...
Chipotle recently implemented a 50-for-1 stock split. Data source: Chipotle investor relations. Seeing Chipotle's same-store sales consistently accelerate is an encouraging sign.
Chipotle’s 50-for-1 stock split: One of the biggest in NYSE history Chipotle’s 50-for-1 split is a bold move. While stock splits are relatively common, a 50-to-1 ratio is rare.
Image source: Chipotle. A quick review. On March 19, Chipotle management announced a 50-for-1 stock split, "one of the biggest stock splits in New York Stock Exchange (NYSE) history."The matter ...
Chipotle Mexican Grill (NYSE: CMG) shares, which soared to highs beyond $3,000 in recent times, today start trading at a new, more appetizing price. The company has completed its 50-for-1 stock ...
On January 26, 2006, Chipotle made its initial public offering (IPO) after increasing the share price twice due to high pre-IPO demand. In its first day as a public company, the stock rose exactly 100%, resulting in the best U.S.-based IPO in six years, and the second-best IPO for a restaurant after Boston Market. The money from the offering ...
Chipotle's stock underwent a 50-for-1 split, but most analysts took a different path to recalibrating price targets.