Chipotle Mexican Grill (NYSE: CMG) has been one tasty quesadilla of a inventory on the trade over time. The fast-casual restaurant chain operator did not have a great session in the marketplace Thursday, nevertheless. Its shares fell greater than 5% in worth, which wasn’t uncommon given what occurred the day past.Inventory-split indigestionChipotle traders began Wednesday with a a lot increased variety of shares than they held beforehand. After all, this was as a result of 50-for-1 inventory cut up that kicked in that morning.That ratio is fairly excessive — most inventory splits are extra within the 10-for-1 vary or so — but it surely looks like a great transfer given how expensive the restaurant operator grew to become on a per-share foundation. A less expensive inventory is a extra enticing one, and it is probably many traders piled into Chipotle not too long ago within the hopes that its reputation would surge post-split.Usually with price-pushing occasions, when the occasion itself is over, many people e-book the earnings they made on the run-up. This fast, heavy promoting tends to push a inventory’s value down. Within the absence of any destructive basic information for Chipotle, profit-taking is probably going the principle perpetrator for the Wednesday swoon.Extra of the sameIt’s necessary to notice right here that, as with all inventory cut up, the worth of Chipotle inventory didn’t change in any respect. Buyers nonetheless held the identical quantity of inventory in greenback phrases as they’d beforehand; the one adjustments have been the variety of shares and the worth.Given all that, nobody ought to bail on Chipotle just because it is on the opposite aspect of an enormous monetary engineering effort. Believers within the firm’s enterprise mannequin may even pounce on the worth weak spot. In spite of everything, given Chipotle’s enduing reputation, it in all probability will not final.Must you make investments $1,000 in Chipotle Mexican Grill proper now?Before you purchase inventory in Chipotle Mexican Grill, think about this:The Motley Idiot Inventory Advisor analyst crew simply recognized what they consider are the 10 greatest shares for traders to purchase now… and Chipotle Mexican Grill wasn’t considered one of them. The ten shares that made the reduce might produce monster returns within the coming years.Take into account when Nvidia made this listing on April 15, 2005… if you happen to invested $1,000 on the time of our advice, you’d have $774,526!*Inventory Advisor supplies traders with an easy-to-follow blueprint for achievement, together with steerage on constructing a portfolio, common updates from analysts, and two new inventory picks every month. The Inventory Advisor service has greater than quadrupled the return of S&P 500 since 2002*.Story continuesSee the ten shares »*Inventory Advisor returns as of June 24, 2024Eric Volkman has no place in any of the shares talked about. The Motley Idiot has positions in and recommends Chipotle Mexican Grill. The Motley Idiot has a disclosure coverage.Why Chipotle Inventory Tanked Thursday Simply After Its Inventory Cut up was initially printed by The Motley Idiot