Chipotle Has 1 of the Biggest Stock Splits in New York Stock Exchange History. Here's Why I'm Still Not Buying It. [Yahoo! Finance]
Chipotle Mexican Grill, Inc. (CMG)
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm
Check Earnings Report
US:NYSE Investor Relations:
ir.chipotle.com
Company Research
Source: Yahoo! Finance
The company's shares will be sliced up 50-to-1, resetting the stock's share price to roughly $57 per share. The split will go into effect in a few months. By some measures, the stock split is already a smashing success. Chipotle's stock has been up since the announcement. However, I'm standing happily on the sidelines. Here is why I'm not buying Chipotle's monumental stock split. Understanding what stock splits do Investors love stock splits , and company employees love stock splits. Why is that? Well, it's for different reasons. A stock split lowers a stock's share price by proportionately increasing the number of outstanding shares . In other words, Chipotle's current share price of $2,880 will be divided by 50, and the quantity of shares will increase 50-fold. Ultimately, it's all about liquidity. Investors like lower share prices because they make it easier to accumulate shares of the stock. Employees like lower share prices because they make selling the equity they've acq
Show less
Read more
Impact Snapshot
Event Time:
CMG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CMG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CMG alerts
High impacting Chipotle Mexican Grill, Inc. news events
Weekly update
A roundup of the hottest topics
CMG
News
- Is Chipotle Stock Going to $3,500? 1 Wall Street Analyst Thinks So. [Yahoo! Finance]Yahoo! Finance
- Vegan Fast Food Market to Surge Over US$ 28,198.30 Million by 2034, Fueled by Health, Sustainability, and Germany's Booming Demand [Yahoo! Finance]Yahoo! Finance
- Chipotle asked workers not to order chicken last week. Here's why [Yahoo! Finance]Yahoo! Finance
- Why Is Chipotle Stock the Largest Holding for Billionaire Bill Ackman? [Yahoo! Finance]Yahoo! Finance
- Chipotle Mexican Grill, Inc. (NYSE:CMG) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
CMG
Earnings
- 4/24/24 - Beat
CMG
Sec Filings
- 4/26/24 - Form 144
- 4/26/24 - Form 144
- 4/26/24 - Form 144
- CMG's page on the SEC website