Chipotle Stock Shoots Higher, Announcing 50 for 1 Stock Split

Key PointsChipotle Mexican Grill stock is up nearly 6% after the company announced plans for a 50-for-1 stock split in June. The split has been rumored for months as the fast-casual chain continues to deliver strong revenue and earnings growth fueled by high demand. There are many reasons to own CMG stock, but you may want to wait until after the split if you don't already own the stock.  5 stocks we like better than Chipotle Mexican GrillShares of Chipotle Mexican Grill Inc. NYSE: CMG shot up nearly 6% in ...