Chipotle (CMG) stocks caught investors’ attention this morning as the company conducted its first-ever 50-for-1 stock split, one of the largest in the history of the New York Stock Exchange.

Chipotle CFO Jack Hartung informed investors that this move will make shares more “accessible to our employees as well as a broader range of investors.” Shareholders who owned the stock as of the market close on June 18 received 49 additional shares for each one held. Starting today, shares will trade at the new price, with one share previously worth $3,283.04 now trading at approximately $65.66 per share.

According to Bernstein analyst Danilo Gargiulo, this stock split could benefit Chipotle. On one hand, the new entry price allows “more access to retail investors” who might have been deterred by the high pre-split price. On the other hand, he warned that “the stock could be exposed to some volatility.” Nonetheless, Chipotle shares have risen 43% year to date, compared to nearly a 15% gain for the S&P 500.