Chipotle Shares Surge on Historic Stock Split
Company Embarks on Massive 50-for-1 Transaction
Shares Rise Significantly After Largest-Ever NYSE Split
In a bold move, Chipotle Mexican Grill Inc. (CMG) has announced a 50-for-1 stock split, marking the company's first such split in its history. The massive transaction, one of the largest in the annals of the New York Stock Exchange, has sent Chipotle's shares soaring in premarket trading.
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