Chipotle's 50-for-1 stock split mirrors Walmart

Chipotle's board of directors approved a 50-for-1 split of its common stock, following a similar move by Walmart earlier this year.    "This is the first stock split in Chipotle's 30-year history, and we believe this will make our stock more accessible to employees as well as a broader range of investors," CFO Jack Hartung said. The stock is currently trading above $2,966 per share. Ticker Security Last Change Change % CMG CHIPOTLE MEXICAN GRILL INC. 2,979.00 +181.43 +6.49% If the split, which is one of th ...