Wall Street's Next Stock Split -- a 27,000%-Gainer Since Its IPO -- Is Imminent, and I'm Not Talking About Broadcom
The Motley Fool
JULY 8, 2024
It's cosmetic in the sense that a stock split doesn't change a company's market cap, and it has no impact on its operating performance. Stock-split stocks come in two varieties: forward and reverse. The magnitude of this split (50-for-1) is one of the largest in the history of the New York Stock Exchange.
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