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In fact, the stock had reached such high levels -- peaking at more than $1,100 early in the year -- that in August, the company announced a stock split planned for later this month. This sort of ...
Stock splits are essential to a functional stock market even though they don't affect the value of a company. Think of a company's market cap (value) as a pie or a pizza, if you prefer.
The effective date for this split is (drum roll) following the close of trading today, Monday, Sept. 16. When Deckers Brands' stock opens for trading tomorrow, it'll be at the split-adjusted price ...
Since stock splits don't change the market value of a stock, and Sony's share price isn't far from its high, there's no rush to buy before its stock split. Instead, wait for more details about the ...
The main effect of stock splits is an increase in the liquidity of a stock: [3] there are more buyers and sellers for 10 shares at $10 than 1 share at $100. Some companies avoid a stock split to obtain the opposite strategy: by refusing to split the stock and keeping the price high, they reduce trading volume.
Meet the legal monopoly stock-split stock Warren Buffett is piling into. Though Buffett purchased shares of seven securities during the second quarter, including opening new positions in Ulta ...
For the 12th time in 50 years, Walmart will conduct a stock split in an effort to make shares more affordable for its employees. Walmart last carried out a 2-for-1 stock split on April 20, 1999.
The "reverse stock split" appellation is a reference to the more common stock split in which shares are effectively divided to form a larger number of proportionally less valuable shares. New shares are typically issued in a simple ratio, e.g. 1 new share for 2 old shares, 3 for 4, etc. A reverse split is the opposite of a stock split.