Chipotle’s 50-for-1 stock split just went into effect. Here’s what it means for investors.
Chipotle (CMG) investors will notice a difference in their portfolios today. The burrito giant conducted a 50-for-1 stock split, the company’s first split ever and one of the largest in the history of the New York Stock Exchange. Chipotle CFO Jack Hartung told investors he believes this will make shares more “accessible to our employees