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In 2020, Tesla split its stock 5-to-1. This cut the electric car maker’s share price from about $2,250 per share to about $450 per share. It had more than doubled by the August 2022 3:1 split.
Image source: Getty Images. A stock split is an event that allows a publicly traded company to cosmetically alter its share price and outstanding share count by the same magnitude. Stock splits ...
Image source: Getty Images. 1. Booking Holdings. Booking Holdings (NASDAQ: BKNG) is the biggest online travel agency in the world, and it's never had a stock split in its history, though it did do ...
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.
Online Vacation Center Holdings Corp., a Fort Lauderdale, Florida, provider of vacation services, offers 5% cash back on cruises to people who own at least 500 shares. The company is one of the ...
Shares of cruise lines stocks rallied this week, with Carnival Corp. (NYSE: CCL) ... *Stock Advisor returns as of October 7, 2024. Citigroup is an advertising partner of The Ascent, a Motley Fool ...
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Its stock has outperformed Carnival over the past year, generating strong 106% returns vs. 41.5% for Carnival due to better management of the income statement. However, the stock has a higher P/E ...