"Chipotle's Red-Hot Stock: Is a 50-for-1 Split a Smart Investment Move?"
TL;DR
Chipotle Mexican Grill's board approved a 50-for-1 stock split, pending shareholder approval at the annual meeting on June 6. The split is set for June 25 and is one of the biggest in NYSE history. While the company's business is thriving with revenue and earnings growth, and international expansion, the stock's high valuation and the temporary impact of the split make it a less attractive investment. The Motley Fool's analyst team did not include Chipotle in their 10 best stocks to buy now, suggesting other options may offer better returns.
- Should You Buy Chipotle Stock Before Its Ginormous 50-for-1 Stock Split? Yahoo Finance
- Chipotle's board approves 50-for-1 stock split: What to know The Associated Press
- Beloved restaurant chain's stock nearly hits $3K a share after company's big announcement PennLive
- Here's who could be next to split their stock after Chipotle CNBC
- Chipotle’s stock is so hot, the company’s board approved a 50-for-1 stock split CNN
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