The last 50-for-1 stock split on the NYSE was Berkshire Hathaway’s in 2010
Chipotle Mexican Grill Inc.’s stock rallied Wednesday, following news a day earlier that the fast-casual restaurant chain’s board has approved a 50-for-1 stock split — its first-ever such move, and one intended to make the stock easier to buy as it continues to march higher.
Shares of Chipotle CMG rose 3.5% to end at a record $2,895, also notching their biggest one-day percentage increase since since Feb. 7, when it rose 7.2%.
The…