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Arista Networks completed a 4-for-1 stock split, payable Dec. 3, 2024. Palo Alto Networks initiated a 2-for-1 stock split, payable Dec. 13, 2024. There's a good reason investors are so enamored ...
Stock-split euphoria took over Wall Street in 2024, and two brand-name companies could continue this trend in the new year. Prediction: These Will Be Wall Street's 2 Most-Prominent Stock-Split ...
If it can maintain this pace -- or anywhere close to it -- the company could boast a share price above $2,000 by 2027, which wouldn't be an unacceptable level for a stock split.
Procter & Gamble Philippines, Inc. (also known as P&G Philippines) is the Philippine subsidiary of American multinational consumer goods company Procter & Gamble. [2] It is a manufacturer of laundry detergents and soaps, shampoos and hair conditioners, toothpastes, deodorants, skin care products, household cleaners, toilet soaps and consumer healthcare products.
In April 2011, P&G was fined €211.2 million by the European Commission for establishing a price-fixing cartel for washing powder in Europe along with Unilever, which was fined €104 million, and Henkel. Though the fine was set higher at first, it was discounted by 10% after P&G and Unilever admitted running the cartel.
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.
Chipotle's board announced the company's first-ever stock split (a 50-for-1 forward split) on March 19, with its share adjustment occurring after the closing bell on June 25.
One recent stock split is Palo Alto Networks (NASDAQ: PANW), which split its stock 2-for-1 on Dec. 16. Palo Alto is also a top company in the cybersecurity space, a critical sector slated to see ...