Tag: Splits

2 Recent Stock Splits That Investors Won’t Want to Miss

Stock splits are all the rage these days. Tech juggernaut Apple and electric vehicle leader Tesla grabbed headlines in recent weeks by splitting their high-priced stocks to make them more affordable for the average investor, among other reasons. Following the moves, those companies’ valuations flew even higher — until last week’s broad market sell-off — even though splits don’t affect a business’s underlying value one bit.

That’s because stock splits usually don’t do anything other than cut the same pie into more slices. However, there are occasional instances where such a maneuver can create something of value. Such was

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