Chipotle Stock Split: Is This Behemoth Restaurant Chain a Buy Now?
Chipotle Mexican Grill (CMG -0.79%) made waves this week with the announcement of its first-ever stock split. But this isn't any old stock split; it's one of the largest in market history, splitting each share into 50 pieces. It's been a long time coming; Chipotle stock has traded at a four-digit price tag for about four years, and it's gained about 175% in that time, almost tripling in price.Let's go through the reasons Chipotle is splitting its stock, and whether or not the stock is a buy right now.What a ...