A stock split allows employees or a broader range of investors more access to shares. Most recently, Chipotle’s board agreed on the 50-for-1 stock split, but shareholders still need to vote in June 2024. Other companies that have conducted a stock split include Walmart, Alphabet, and Amazon. Yahoo Finance’s Brooke DiPalma gave further details on April 2, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #chipotle #stocksplit #explained #stockmarketinvesting #chipotlestock
Chipotle’s (CMG) board of directors approved a 50-for-1 stock split, resulting in the stock surpassing $3,000 per share. The split allows staff and retail investors to have more buying opportunities. Wedbush Securities Managing Director Nick Setyan gave insight into the retail company’s decision on March 20, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #chipotle #chipotlemexicangrill #food #chipotlestock #stocksplit #explained
