Chipotle's 50-for-1 stock split takes effect: Key takeaways

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Chipotle Mexican Grill News

Stock Split

Chipotle Mexican Grill's (CMG) highly anticipated 50-for-1 stock split has officially taken effect Wednesday, marking a historic moment for the popular fast-...

Wednesday, marking a historic moment for the popular fast-casual restaurant chain and its investors. Under the terms of this split, shareholders have received 49 additional shares for each share they previously held.This is the Burrito giants first stock split and one of the largest ever in the history of the New York Stock Exchange.But this morning shares of to a were over $3200 as of Tuesday's market close.

On the other hand, one expert warned the finance of the stock could be exposed to a little bit more to some level of volatility at the share price. The Stranger Things star styled up this season's demure spin on the 'underwear as outerwear' trend - see photosForget Nvidia. This Stealth Tech Fund is Beating the Real Thing.

Stock Split

 

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People Are Filming Chipotle Workers In A Quest For Bigger Portions, And Staff Have Had ItBrittany Wong is a senior reporter covering lifestyle topics at HuffPost. She is a graduate of UCLA and a native Angeleno. She can be reached at brittany.wonghuffpost.com
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