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Strength Seen in Chipotle (CMG): Can Its 3.5% Jump Turn into More Strength?
Chipotle Mexican GrillChipotle Mexican Grill(US:CMG) Zacks Investment Researchยท2024-03-21 10:11

Chipotle Mexican Grill (CMG) shares ended the last trading session 3.5% higher at $2,895. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 8.4% gain over the past four weeks.Chipotle's shares surged after it revealed plans for a 50-for-1 stock split aimed at enhancing accessibility for employees and a broader range of investors. The strategic move aligns with the company's exceptional stock performance. Pending appr ...