Previous close | 38.28 |
Open | 19.20 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 3,105.00 |
Expiry date | 2024-07-05 |
Day's range | 13.50 - 19.20 |
Contract range | N/A |
Volume | |
Open interest | 16 |
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
Nvidia's (NVDA) shareholder meeting will take place on Wednesday, June 26 at 12 P.M. EST. The chip stock broke a three-day losing streak in Tuesday's session. Chipotle's (CMG) 50-for-1 stock split will go into effect at tomorrow's market open and begin trading at the adjusted price. The stock has gained over 43% year-to-date. A slew of earnings reports are on deck for tomorrow, including: Micron Technology (MU), General Mills (GIS), Levi Strauss (LEVI), and BlackBerry (BB). Economic data in the form of new home sales for May will be released, with estimates at 640,000, slightly below April's 643,000. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
Chipotle Mexican Grill shares are down about 2% in Wednesday trading after the burrito chain’s first stock split since its debut on the New York Stock Exchange nearly two decades ago. The 50-for-one split increased the number of shares outstanding by that factor, but the share price was adjusted to one-50th of its pre-split value as of Tuesday’s close, at $3,283.04. Chipotle’s shares will trade at $65.66 on a post-split basis when the market opens on Wednesday.