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Restaurant chain Chipotle Mexican Grill (NYSE: CMG) capped an amazing run up in its share price this year with a 50-for-1 stock split in June. It was one of the largest stock splits in the history ...
The most common stock splits are typically smaller ratios like 2-for-1 or 3-for-1 — making Chipotle's proposed 50-for-1 move pretty rare in U.S. stock history.
Chipotle Mexican Grill, Inc. (/ tʃ ɪ ˈ p oʊ t l eɪ /, chih-POAT-lay), [3] often known simply as Chipotle, is an American multinational chain of fast casual restaurants specializing in bowls, tacos, and Mission burritos made to order in front of the customer. [4] [5] [6] As of June 30, 2024, Chipotle has 3,500 restaurants. [7]
Over the last 10 years, Chipotle has posted a 382% total return, and in late June, the company executed a historic 50-to-1 stock split. What does the stock have in store for the rest of 2024? Let ...
Analysts at Goldman Sachs (NYSE: GS) called Chipotle a "top idea," assigning a buy rating and a price target of $3,730. This represents potential gains for investors of 18% over the coming year ...
Image source: Getty Images. Is Chipotle stock a buy? It will take time to evaluate Chipotle's new management effectively, but by comparing the company's valuation to historical levels, it's ...
Chipotle Mexican Grill (NYSE: CMG) is doing something it's never done before in its 30-year history. The company is splitting its stock, with the operation scheduled for this week. The decision ...
Chipotle is cutting prices—for investors.. The fast-casual food chain has announced a 50-for-1 stock split, the first stock split in its 30-year history. Assuming shareholders approve the deal ...