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A large-scale stock split is planned, and this time chipotle pepper (NYSE:CMG) That is to divide the stock into 50 pieces. In this video, Travis Hoium explains the motivation behind Chipotle’s move and why this is more of a psychological change than an economic one for investors.
*Stock price uses the closing price on March 26, 2024. The video was released on March 26, 2024.
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John Mackey, former CEO of Amazon subsidiary Whole Foods Market, is a member of the Motley Fool’s board of directors. Travis Hoium has a position at Berkshire Hathaway. The Motley Fool owns positions in and recommends Amazon, Berkshire Hathaway, and Chipotle Mexican Grill. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may receive compensation for promoting its services. If you choose to subscribe through the link, they will earn additional money to support the channel. Their opinions are their own and are not influenced by The Motley Fool.
Chipotle’s 50-1 Stock Split: Everything You Need to Know was originally published by The Motley Fool.
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