Chipotle — Shares rose 6.4% to an all-time high after the fast-casual Mexican chain announced the board approved a 50-to-1 stock split. The plan, which was shared with the public on Tuesday, is expected to go into effect in June if approved by shareholders. Deutsche Bank also raised its price target on the stock, citing strong growth prospects. https://www.cnbc.com/2024/03/20/stocks-making-the-biggest-moves-midday-sig-cmg-mbly-bby-and-more.html
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.