Spencer Platt/Getty Images News Chipotle Mexican Grill (NYSE:CMG) ended Wednesday 0.3% higher at $65.86/share in its first trading day after its 50-for-1 stock split, one of the biggest in Wall Street history. Its shares rose 0.5% in light premarket trade on Thursday. Shareholders received 49 additional shares for each shareContinue Reading
Michael M. Santiago/Getty Images News Chipotle Mexican Grill (NYSE:CMG) edged higher on Tuesday, just ahead of the restaurant company’s 50-for-1 stock split that becomes effective after the closing bell. The stock split will be one of the biggest stock splits in New York Stock Exchange history. “We believe the stockContinue Reading
Magdalena Wygralak Restaurants are having to adjust as consumers push back against the surges in prices since the pandemic due to their own higher costs for ingredients, labor, rent, and other operational expenses. While most restaurant operators have not pulled back their menu prices across the board, recent promotions haveContinue Reading
