Chipotle Completes Historic 50-for-1 Stock Split

The fast-casual chain aims to make shares more accessible while continuing expansion and strong financial performance.

Chipotle's stock split is one of the largest in NYSE history, reducing share price from over $3,200 to around $65.
The split is intended to broaden investor base and increase stock ownership among employees.
Despite economic pressures, Chipotle has posted robust earnings and plans to open up to 315 new locations this fiscal year.
Analysts predict potential for increased trading activity and market share gains following the split.
Special equity grants will be awarded to long-term employees as part of the company's growth strategy.