Chipotle (CMG) traders will discover a distinction of their portfolios this morning.The burrito large carried out a 50-for-1 inventory break up, the corporate’s first break up ever and one of many largest within the historical past of the New York Inventory Change.Chipotle CFO Jack Hartung informed traders he believes it will make shares extra “accessible to our workers in addition to a broader vary of traders” on a name following the corporate’s first quarter outcomes.Shareholders who owned the inventory as of the market shut on June 18 acquired 49 further shares for every one held. When the market opens Wednesday, shares will commerce on a post-split foundation, which means one share price $3,283.04 as of Tuesday’s shut will commerce as 50 shares price roughly $65.66 per share.Pre-split, Chipotle inventory was the third-highest-priced within the S&P 500 (^GSPC), after NVR, Inc. (NVR) and Reserving Holdings (BKNG). Its post-split inventory value remains to be larger than when the corporate went public in 2006 at $22 per share.Bernstein analyst Danilo Gargiulo informed Yahoo Finance that Chipotle may gain advantage from this break up.On one hand, this new entry level permits “extra entry to retail traders” who might have shied away from the excessive value previous to the break up, Gargiulo mentioned. However however, “the inventory may very well be uncovered somewhat bit extra to some stage of volatility,” he warned.”I do not suppose it is ever going to be a meme inventory, like GameStop (GME) or others up to now, however I feel it does expose somewhat bit to extra fluctuations,” Gargiulo added.As of Tuesday’s market shut, shares of Chipotle have been up 43% yr up to now on the again of a scorching stretch of gross sales, in comparison with a virtually 15% acquire from the S&P 500. Shares of rival quick meals chains McDonald’s (MCD) and Restaurant Manufacturers (QSR) are down 13% and 11%, respectively as every battle visitors challenges.Yum! Manufacturers (YUM) — proprietor of Taco Bell, KFC and Pizza Hut — is up barely on the yr.A Chipotle restaurant stands in Manhattan on Feb. 6, 2024, in New York Metropolis. (Spencer Platt/Getty Pictures) (Spencer Platt through Getty Pictures)Some Chipotle workers will reap the advantages of the break up.Roughly 4,000 Chipotle workers, together with restaurant basic managers and crew members with greater than 20 years of service, will obtain a particular one-time fairness grant to commemorate the inventory break up, a Chipotle spokesperson informed Yahoo Finance.The grant will vest over three years. Moreover, US workers who’ve been with the corporate for one yr can enroll within the Worker Inventory Buy Plan (ESPP), which permits them to buy shares at a reduction. In addition they can elect to make use of between 1% and 15% of their compensation to assist purchase the inventory.Story continuesAnd Chipotle isn’t the one firm conducting a inventory break up this yr.As Yahoo Finance’s Seana Smith reported following Nvidia’s (NVDA) 10-for-1 inventory break up earlier this month, inventory splits are usually bullish for firms that conduct them, with common returns one yr later of 25% versus about 12% for the broader market, in response to evaluation from Financial institution of America.Walmart (WMT) additionally lately carried out a 3-for-1 inventory break up. Because the inventory break up took impact on Monday, Feb. 26, shares of the world’s largest retailer are up almost 13%.Brooke DiPalma is a senior reporter for Yahoo Finance. Comply with her on Twitter at @BrookeDiPalma or e-mail her at bdipalma@yahoofinance.com.Click on right here for the newest inventory market information and in-depth evaluation, together with occasions that transfer stocksRead the newest monetary and enterprise information from Yahoo Finance