Reported 8 months ago
Chipotle Mexican Grill is set to undergo a historic 50-for-1 forward stock split, among the largest in NYSE history, aimed at making shares more accessible. The split will be effective after the close on June 25, with no impact on market cap. The move targets employee participation and highlights the company's exceptional growth and pricing power. Despite a high valuation, historical data suggests stock-split stocks often outperform the market.
Source: YAHOO