From Nasdaq: 2024-03-28 05:07:00

Chipotle Mexican Grill plans a 50-for-1 stock split, sparking investor interest. MicroStrategy, known for holding Bitcoin, could be next. Stock splits increase available shares while maintaining market cap. Lower share prices make stocks accessible to more investors, potentially increasing demand. In 2000, MicroStrategy split its stock 2-for-1 and reversed it in 2002. Today, the company holds over 200,000 bitcoins, with massive debt and share dilution. Investors should carefully evaluate before buying MicroStrategy stock. Stock Advisor analysts recommend other stocks over MicroStrategy for potential higher returns.

Read more at Nasdaq: Stock Split Watch: Is MicroStrategy Next?