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Broadcom split its stock 10-for-1 on July 15. So this latest run-up has nothing to do with the stock split, only its business results and its outlook. Broadcom is involved in multiple industries.
And Chipotle is not the only company conducting a stock split this year. As Yahoo Finance's Seana Smith reported following Nvidia's 10-for-1 stock split earlier this month, stock splits are ...
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 ...
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.
A stock split is when a company decides to exchange its stock for more (and sometimes fewer) shares of its own stock, with the price per share adjusting so that there is no change in the overall ...
Nonetheless, Chipotle looks like a buy right now for the reasons above, making the upcoming stock split an opportune moment for investors to enter or expand their position in this high-performing ...
Here's how it will work: Shares issued in the stock split will be payable after market close on Friday for investors who own shares of the retailer "at the close of business" on Thursday, Feb. 22.
While shares are down 15% so far in 2024, the company's stock split may be coming at just the right time -- and now could be a lucrative opportunity to start building a position. A compass with ...