- Motley Fool
Chipotle's 50-for-1 Stock Split Happens Today. Here's What to Expect
Chipotle's stock price is down, but in a stock split, that's not a bad thing.
- Barrons.com
Chipotle Stock Slides After 50-for-1 Split
Chipotle Mexican Grill shares are down about 2% in Wednesday trading after the burrito chain’s first stock split since its debut on the New York Stock Exchange nearly two decades ago. The 50-for-one split increased the number of shares outstanding by that factor, but the share price was adjusted to one-50th of its pre-split value as of Tuesday’s close, at $3,283.04. Chipotle’s shares will trade at $65.66 on a post-split basis when the market opens on Wednesday.
- Barrons.com
These Stocks Are Moving the Most Today: Rivian, Aptiv, FedEx, Southwest, Whirlpool, General Mills, Chipotle, and More
Rivian shares surge after Volkswagen says it will invest up to $5 billion in the electric-vehicle company, FedEx jumps after topping analysts’ earnings estimates and saying it will be reviewing its freight business, and Southwest cuts revenue guidance.
