Chipotle's stock underwent a 50-for-1 split on June 16, reducing share price to around $65.
Chipotle's stock underwent a 50-for-1 split on June 16, reducing its share price from four figures to around $65. Management enacted the split due to strong stock performance (up 44% in 2024, 348% in five years). The split aims to make the stock more accessible to investors, but its post-split suitability as a "no-brainer" investment depends on individual risk tolerance and market conditions.
June 30, 2024
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