"After a split is announced, stocks have notched 25% total returns in the subsequent 12 months," Bank of America says.
Smart investors are drawn to stock splits for two reasons. Shares of Meta Platforms (NASDAQ: META) and AppLovin (NASDAQ: APP) have advanced 510% and 4,700%, respectively, since January 2023 as of Feb.
In 2014, Google underwent an unconventional stock split that created a third common stock class. Google completed a 2-for-1 split of its public Class A stock and created a new Class C stock that ...
Meta Platforms’ (META) recent record-breaking 20-day rally drove its share price to an all-time high on February 14, which led to speculation ...
But it's important not to overlook the role stock splits have played in lifting the broader market. Image source: Getty Images. A stock split is an event that allows a publicly traded company to ...
Investors are always on the lookout for the next stock split -- for a couple of reasons. These operations that increase the number of shares and reduce the per-share price accordingly often make ...
Stock splits are much less common than they were a couple of decades ago. Yet, the past year has seen a number of notable ones, including from Broadcom, Chipotle Mexican Grill, Sony, and Walmart.