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Nvidia, Apple And Microsoft Topped By Burrito Chain? Chipotle Worth $4 Trillion In Stock Split Error
Restaurant company Chipotle Mexican Grill (NYSE:CMG) will complete a 50-for-1 stock split after the market closes on Tuesday, with shares trading at a new split-adjusted price to open Wednesday's trading session.
The development comes about a week after the $88-billion burrito chain enjoyed the title of most valuable company in the world.
On Companiesmarketcap.com, Chipotle briefly listed at $4.428 trillion — likely an error in calculating the current value multiplied by 50.
On the site, Chipotle is shown as moving up 187 places and passing the three largest companies:
Microsoft Corporation (NASDAQ:MSFT): $3.33 trillion
Apple Inc (NASDAQ: