Which company is the next to split stock in 2024?

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2024-03-20
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$Chipotle Mexican Grill(CMG)$ , 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 $NVIDIA Corp(NVDA)$ , $Tesla Motors(TSLA)$ , and $Apple(AAPL)$ have split their stocks in the past.

However, a stock split doesn't necessarily guarantee a significant increase in stock price; it still depends on the company's operations. For instance, Tesla's stock price failed to surpass previous highs after its split in 2022.

Which company is the next to split stock in 2024?

Let’s look at these strong candidates:

$Booking Holdings(BKNG)$ $MercadoLibre(MELI)$ $MicroStrategy(MSTR)$ $Fair Isaac(FICO)$ $NVIDIA Corp(NVDA)$

Welcome to click and read: 💸 💵Look at the 4 New $1000 Stocks in 2024, Who Will be Next?


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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: $Booking Holdings(BKNG)$ $MercadoLibre(MELI)$ $MicroStrategy(MSTR)$ $Fair Isaac(FICO)$ $NVIDIA Corp(NVDA)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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