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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 ...
However, there is more to it than that. For starters, a stock split lowers the share price by proportionately increasing the number of shares. In other words, if you have one share of a stock ...
Image source: Getty Images. Why companies launch stock splits. First, a bit of background on stock splits.As mentioned, these operations lower the per-share price of a stock to make it easier for ...
Stock splits often result in a bump in the stock’s price, simply because more investors are interested in the stock at the new price than were interested at the old price.
The company has split its stock twice in the last five years: a 4-for-1 split in 2021 followed by a 10-for-1 split in June of this year, bringing its share price to a more affordable $118.
Considering this, the stock looks pretty expensive, even at today's lower level. Broadcom, however, looks like a bargain due to its solid track record and its presence in AI -- a hot technology ...
On the heels of recent sell-offs, Nvidia stock is actually now trading below its closing price on the day of its 10-for-1 split in June. While the artificial intelligence (AI) leader could come ...
What does Old Dominion Freight Line have to offer investors after its most recent stock split? This Stock-Split Stock Is Up 269% Over the Past 5 Years. Here's Why It's a Buy Today.