Quote:
Originally Posted by lewdog
Stock splitting changes nothing financially for the investor. More shares but they are worth the same money before the split.
Only benefit could be for those doing covered calls now have more shares to sell options on.
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Lower stock price=sale. People will buy these companies bc they are affordable, especially Tesla, which means the stock price will go up.
Apple did their last stock split in 2014 when it started around $92. It has gone up 5 fold in 6 years.
That’s amazing