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Stock splits often serve as a catalyst for stocks. Its revenue of $8.5 billion for the first three quarters of 2024 rose 15% from year-ago levels, including a 13% yearly increase for the third ...
And the company followed up by announcing a 10-for-1 stock split, to take place in the fall. But when the split happened, the shares already had fallen 65% from their 2024 high.
The company initiated 13 stock splits between 1982 and 1999. Since 1999, no splits have occurred. Part of the reason for that is that Home Depot stock declined in the 2000s as it transitioned from ...
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.
In a reverse stock split, your current shares are exchanged for fewer shares. When the split occurs, the share price also changes automatically to reflect the exchange ratio. That is, regardless ...
In those cases, companies will sometimes do a reverse stock split, in which they exchange one share of stock at a higher price for several shares at the current, lower price. It is the opposite of ...
One potential stock-split candidate is Spotify (NYSE: SPOT). The audio streaming leader is up over 500% since the start of 2023, and the stock is now approaching $500 per share, or stock-split ...
The second high-flying stock-split stock that smart investors should avoid in November, and arguably well beyond, is AI enterprise analytics software provider MicroStrategy (NASDAQ: MSTR).