A Stock Split Catalyst Looms for Chipotle (CMG) Stock on June 6

Chipotle (NYSE:CMG) stock could see a major catalyst when June 6 rolls around as the Mexican fast food chain eyes a stock split.The Board of Directors at Chipotle has approved a 50-for-one stock split. Now it just needs shareholders to vote in favor of the split during a meeting on June 6.Chipotle Chief Financial and Administrative Officer Jack Hartung said the following about the split.“This is the first stock split in Chipotle’s 30-year history, and we believe this will make our stock more accessible to e ...