Chipotle Proposes 50-for-1 Stock Split to Fuel Growth and Attract More Investors
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Chipotle is proposing a 50-for-1 stock split, but splits don't create shareholder value - the focus should be on Chipotle's business growth
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Revenue and profits have grown exponentially since IPO due to more locations and higher sales per location
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CEO believes Chipotle can double its locations in North America and raise sales volumes, fueling further growth
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Lower post-split share price could attract new investors who couldn't afford $2,900 per share
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Options trading will be more accessible, allowing some potentially useful strategies like buy-writes to lower cost basis