Companies splitting their stocks have seen shares skyrocket in 2024 and Chipotle is the latest to have a massive stock split. In this video, Travis Hoium covers why this is a historic stock split for the market.
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00:00 Introduction to Stock Splits
00:11 Highlighting the Biggest Stock Split
00:44 Understanding Key Dates
01:04 Official Announcement from Chipotle
02:01 Mechanics of Stock Splits
04:11 Why Companies Split Their Stock
05:28 Legacy and Liquidity Factors
07:22 Conclusion and Final Thoughts
