Avocado prices from Mexico spiked last week after the USDA paused inspections. Does Chipotle have anything to worry about?
Chipotle Mexican Grill's (CMG) highly anticipated 50-for-1 stock split has officially taken effect Wednesday, marking a historic moment for the popular fast-casual restaurant chain and its investors. Under the terms of this split, shareholders have received 49 additional shares for each share they previously held. Yahoo Finance's Brooke DiPalma breaks down the details and how Chipotle's stock split compares to other notable ones. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Chipotle stock is up 47% year to date ahead of its first-ever stock split.