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Chipotle's Stock Split Has Arrived. Here's What Happens Next.
The Motley Fool· 2024-06-26 08:02
The fast-casual pioneer has generated robust growth for years. A stock split will make the shares much more affordable for the average investor.Chipotle (CMG 2.80%) has long been the standard bearer for the fast-casual dining it helped pioneer. The company's focus on fresh ingredients prepared daily has revolutionized the industry and made Chipotle one of the biggest successes in it. Over the past year, the stock is up an impressive 60% (as of this writing), and that's no fluke. Over the past decade, Chipot ...
What Does the Chipotle Mexican Grill (CMG) Stock Split Mean for You?
Investor Place· 2024-06-25 18:10
Today is the day. Chipotle (NYSE:CMG) will be finally be splitting its stock on a 50-for-1 basis. This means that investors will receive an additional 49 shares for every one they own after the market closes today. For those curious about what this Chipotle stock split will mean for the stock moving forward, there’s undoubtedly plenty of reason to be bullish.Stock splits are typically a positive for companies that have seen their share prices rise to levels that may preclude some investors from participatin ...
Chipotle Mexican Grill Stock Split: Where Does it Go From Here?
MarketBeat· 2024-06-25 16:33
Investors wondering where Chipotle Mexican Grill's NYSE: CMG stock price will go from here should be comforted to know this market will likely continue to rise. That is because the meteoric rise in the share price is driven by fundamental factors, including growth, margin, and an outlook for accelerating growth as the international expansion gains momentum. Because a stock split does not affect the underlying business, fundamentals are intact, and the stock price trend should continue. Chipotle Mexican Gril ...
Chipotle Mexican Grill's Growth Story in 4 Simple Charts
The Motley Fool· 2024-06-25 11:04
The fast-casual chain is still firing on all cylinders.Chipotle Mexican Grill (CMG -0.52%) stock has rallied about 340% over the past five years as the S&P 500 rose 85%. The fast-casual restaurant chain repeatedly impressed investors with its robust growth, consistent expansion, and rising margins.Today, the stock may seem expensive at 57 times forward earnings estimates, but a look at its growth story through four simple charts is enough to see if it's still worth buying. 1. Consistent restaurant openingsU ...
Chipotle's 50-to-1 stock split on deck
Fox Business· 2024-06-25 10:16
Chipotle’s highly anticipated 50-for-1 stock split is on deck and may be one of the largest in the New York Stock Exchange's history.  Shareholders of the popular Mexican fast-food chain’s common stock as of Tuesday's close of trading will receive the additional shares, which will begin trading Wednesday. At current levels, the stock, which closed at $3,193.74 per share Monday, would price at $63.86. Ticker Security Last Change Change % CMG CHIPOTLE MEXICAN GRILL INC. 3,193.74 -16.75 -0.52% "The trading pr ...
7 Growth Stocks to Buy on the Dip: June 2024
Investor Place· 2024-06-25 10:06
Growth stocks to buy on the dip have the potential to significantly outperform the stock market. Some of these assets can accumulate generational returns and get passed down to your heirs. However, these same stocks often experience declines on the way to new highs. Stock dips are common, and it’s important not to panic.According to the Fear & Greed Index, panic may be setting in. The latest reading of 41 suggests that fear is partially driving the stock market, but not to a strong degree. When you invest i ...
Chipotle Mexican Grill's 10-for-1 Stock Split Is Imminent: 10 Things You Need to Know
The Motley Fool· 2024-06-25 08:06
Fast-casual restaurant chain Chipotle is set to conduct its first-ever stock split after rallying more than 14,000% from its $22 initial public offering (IPO) price in January 2006.Although artificial intelligence (AI) and the "Magnificent Seven" stocks are widely credited with lifting the major stock indexes to record levels, it can be argued that stock splits are the hottest trend on Wall Street right now.A stock split is an event that allows a publicly traded company to alter its share price and outstand ...
Chipotle's 50-for-1 Stock Split Is Coming. Here's What Investors Need to Know
The Motley Fool· 2024-06-25 00:17
A historic stock split is coming for this fast-casual favorite.High-profile stock splits are en vogue, it seems. Just days after Nvidia split its shares 10-for-1, Broadcom announced it would follow suit. In fact, several big names are choosing to split theirs this summer. After Nvidia's stock split, maybe the most anticipated is fast-casual restaurant pioneer Chipotle (CMG -0.52%).Shares of Nvidia are up about 10% since it executed the split on June 7. Can Chipotle investors expect a similar bump in stock p ...
What You Need To Know Ahead of Chipotle's 50-for-1 Stock Split Tuesday
Investopedia· 2024-06-24 19:35
Key TakeawaysChipotle stock is set to undergo a 50-for-1 split after markets close Tuesday, with shareholders receiving 49 additional shares for each share they owned previously.The first day of Chipotle's split-adjusted trading will be on Wednesday.The split will lower the cost of each individual share and could make the stock more accessible to Chipotle's employees and a wider range of investors. Chipotle Mexican Grill (CMG) investors will soon see a much larger number of shares in their portfolios after ...
CHIPOTLE EXTENDS CELEBRITY STATUS TO BRAND SUPERFANS, LAUNCHES CARD APPLICATION ON LINKEDIN
Prnewswire· 2024-06-24 12:07
For more than 20 years, Chipotle's iconic Celebrity Card has been primarily gifted to brand superfans who are athletes, artists, musicians, or influencers At a time when social media and the speed of culture are redefining who is considered a celebrity, Chipotle is giving all fans the chance to receive a coveted Chipotle Celebrity Card From June 24 through July 3, fans can apply to become a Chipotle Celebrity Card holder via LinkedIn Easy Apply* Chipotle Celebrity Cards grant holders access to free Chipotl ...