Chipotle shares are trading lower. The stock may be volatile following its recent stock split and recent analyst commentary on portion size discrepancy.

CMG will begin trading following the company’s historic 50-for-1 stock splitAfter market close yesterday, shareholders of record as of June 18, 2024, received 49 additional shares for each share heldNEWPORT BEACH, Calif., June 26, 2024 /PRNewswire/ — Chipotle Mexican Grill, Inc. (NYSE:CMG) today announced that its 50-for-1 stock split was effective after market close yesterday and its shares will begin trading on a post-split basis today. After market close yesterday, shareholders of record as of June 18, 2024, received 49 additional shares for each share held. To commemorate this special event and in recognition of the company’s strong performance, Chipotle will offer a special one-time eq