$Chipotle Mexican Grill(CMG)$ , a US-based restaurant chain offering Mexican-inspired cuisine, announced a 50-for-1 stock split. That means a single share of Chipotle will be split into 50 smaller shares. The split is subject to shareholder approval on June 6, with the cheaper, post-split shares expected to trade starting June 26.Chipotle's stock rising around 5% in pre-hour trading following the announcement, just one step closer from $3000.Generally, stock splits mean lower investment thresholds, potentially attracting more retail investors to stocks. Therefore, after announcing a stock split, the stock price tends to rise. Some well-known companies like $NVIDIA Corp(NVDA)$ ,
Which company is the next to split stock in 2024?
$Chipotle Mexican Grill(CMG)$ , a US-based restaurant chain offering Mexican-inspired cuisine, announced a 50-for-1 stock split. Which company is the next to split stock in 2024? There are several strong candidates: $Booking Holdings(BKNG)$ $MercadoLibre(MELI)$ $MicroStrategy(MSTR)$ $Fair Isaac(FICO)$ $NVIDIA Corp(NVDA)$
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