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The burrito giant conducted a 50-for-1 stock split, the company's first split ever and one of the largest in the history of the New York Stock Exchange.
Chipotle, for example, has never split its stock and is trading over $3,200 and will soon split 50-for-1. Nvidia was over $1,200 by the time it split 10-for-1.
The stock then will start trading at the post-split price on July 15 as of market open. Considering today's price of about $1,700, the new price should be about $170.
RetailMeNot was established to aggregate coupon offers and make them available to consumers. It distributes coupons in retail categories including accessories, automotive, baby products, beauty products, clothing, electronics, furniture, health, home and garden, jewelry, pets, photography, toys and travel.
Zazzle is an American online marketplace that allows designers and customers to create their own products with independent manufacturers (clothing, posters, etc.), as well as use images from participating companies.
Coupon collector's problem. In probability theory, the coupon collector's problem refers to mathematical analysis of "collect all coupons and win" contests. It asks the following question: if each box of a given product (e.g., breakfast cereals) contains a coupon, and there are n different types of coupons, what is the probability that more ...
Stock splits don't create shareholder value -- just look at how Chipotle stock has dropped since its split, for example. Therefore, it's not a factor that should be included in an investment decision.
Considering Chipotle's price today -- about $3,214 -- the price following this 50-for-1 stock split will be about $64. Though the record day to benefit from the split was on June 18, if you buy ...