It's Been 2 Years Since Chipotle Issued Its 50-for-1 Stock Split. Here's How Much You'd Have Today if You Had Invested $10,000 in Chipotle the Day Before It Split.
Is Chipotle stock finally a buy?
Overview
Roughly two years ago, one of the highest-priced stocks on the market, Chipotle Mexican Grill (NYSE: CMG), got a whole lot cheaper.
The restaurant chain stock, which had been trading at more than $3,200 per share as of June 25, 2024, underwent a 50-for-1 stock split on June 26, 2024. That meant that for every share investors held at the time, they received 49 more shares as the shares were split evenly 50-for-1.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.