Chipotle Stock Split: Is This Behemoth Restaurant Chain a Buy Now? [Yahoo! Finance]
Chipotle Mexican Grill, Inc. (CMG)
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm
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ir.chipotle.com
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Source: Yahoo! Finance
one of the largest in market history, splitting each share into 50 pieces. It's been a long time coming; Chipotle stock has traded at a four-digit price tag for about four years, and it's gained about 175% in that time, almost tripling in price. Let's go through the reasons Chipotle is splitting its stock, and whether or not the stock is a buy right now. What a stock split achieves Although stock splits have become popular for public companies when their stock price becomes very high, they don't change anything essential about the stock or the company. They just divide the same-sized pie into more and smaller pieces. Chipotle said it decided to split its stock now to make it easier to buy, which is the usual reason. CFO Jack Hartung said, "We believe this will make our stock more accessible to employees as well as a broader range of investors." Although these days most investors can invest in stocks with high prices by buying fractional shares , a four-figure price tag can loo
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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