Chipotle Mexican Grill (CMG) climbed 6% higher Wednesday morning after announcing that its board of directors had approved a 50 to 1 stock split. This will make the stock more accessible to employees along with other retail investors, as it currently trades at around $2,973/share. If the company gains shareholder approval for the move [...]
McDonald’s (MCD) started the week with a bang releasing results from its 3rd quarter. The company beat analysts' estimates through a series of price hikes to give sales a much-needed lift. That being said, there is concern that customers won’t tolerate these prices in the long term. The fast food chain reported revenue of [...]
Shares of Domino’s Pizza (DPZ) are up nearly 3% in Thursday morning’s trading session after the company reported massive profit growth that exceeded analyst expectations for the third quarter. Earnings per share came in at $4.18 compared to just $3.31 that analysts were looking for. However, revenue of $1.03 billion was a step backward [...]
