Reported 9 months ago
Chipotle Mexican Grill recently underwent a massive 50-for-1 stock split, marking its first split since going public in 2006. The split occurred after the company's share price surged above $3,000, driven by record revenues and growth. While history indicates that stock splits often lead to positive outcomes for investors, some caution is advised given Chipotle's already high valuation and the availability of fractional shares trading that could impact the traditional benefits of stock splits.
Source: YAHOO