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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?

To: Smiling Bob who wrote (9076)	1/26/2006 12:49:12 PM
From: Smiling Bob	Read Replies (1) \| Respond to of 19256

MCD 35.32 spinoff panned out Message 21906787 Chipotle shares almost double in price Thursday January 26, 12:08 pm ET Shares of Chipotle Mexican Grill nearly doubled Thursday morning following its debut on the New York Stock Exchange. Denver-based Chipotle (NYSE: CMG - News), which is owned by McDonald's Corp., priced its initial public offering at $22 per share late Wednesday, above the expected range of $18 to $20. Nearly 7.9 million shares were offered; of that, Chipotle sold about 6 million shares and McDonald's sold 1.8 million, the company said Thursday. Shares were trading at $43.06 Thursday morning, after rising as high as $45.06 earlier in the day. Before the offer, McDonald's owned about 92 percent of Chipotle. The company said after the IPO that McDonald's would remain its majority owner. Published January 26, 2006 by The Denver Business Journal