Chipotle Proposes 50-to-1 Stock Split to Make Shares More Affordable Like Their Burritos

Chipotle announced a historic 50-to-1 stock split to make shares more accessible and affordable like their burritos
The split will bring the stock price down from nearly $2,900 to around $60 per share if approved at June 6 annual meeting
Stock splits fell out of favor but are coming back as market soars and companies want to attract more retail investors
After Walmart and other splits, Chipotle's is one of the largest ever on NYSE, tying Berkshire Hathaway
Splits seen as way to expand investor pool and increase demand - Walmart hit a record high after its recent split