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What Is a 2-for-1 Stock Split? A forward 2-for-1 stock split — sometimes expressed as 2:1 — occurs when a company doubles the number of outstanding shares and cuts the value of each share in half.
Stock-split stock to buy: Chipotle. Chipotle's (NYSE: CMG) massive growth over its 18-year history culminated in a 50-for-1 stock split in January. Given its business strategy, one can see why it ...
It completed a 3-for-1 split in September 2022, which reduced its stock price to $180 (from $540 before the split). However, the stock has surged 112% since then to trade at $383 as of this writing.
Nvidia stock began trading Monday on a new 10-for-1 split basis, revising the shares' Friday closing price of $1,208.88 to $120.88. The stock closed up nearly 1% in its first day following the split.
Chipotle announced a 50-for-1 split payable June 25, 2024. Broadcom delivered a 10-for-1 split payable July 12, 2024. Super Micro Computer executed a 10-for-1 split payable Sept. 30, 2024.
Only six months into 2024, investors have gotten a front row seat to a number of stock splits. Walmart completed a split earlier this year, while Chipotle shareholders recently approved a 50-for-1 ...
Analysts believe Chipotle will grow earnings by an average of 22% annually over the long term, making the stock's forward P/E of 54 digestible for those planning to hold the stock for years since ...
This comes on the heels of the company's 10-for-1 stock split earlier this month. Investors saw the number of their shares multiplied by 10, while the share price became a tenth of where it was ...