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This changes everything and nothing for investors.
A massive stock split is coming, and this time it's Chipotle (CMG 2.41%) that's dividing shares into 50 pieces. In this video, Travis Hoium covers the motivations behind Chipotle's move and why this is more of a psychological change than an economic one for investors.
*Stock prices used were end-of-day prices of March 26, 2024. The video was published on March 26, 2024.
John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Travis Hoium has positions in Berkshire Hathaway. The Motley Fool has 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 be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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