Stock splits are essential to a functional stock market even though they don't affect the value of a company. Think of a company's market cap (value) as a pie or a pizza, if you prefer. All the split does is create more slices; it doesn't make the whole any larger. However, they are still essential, especially for those who aren't billion-dollar hedge funds. Microsoft (NASDAQ: MSFT) has split its shares nine times, most recently in 2003. A single share would cost $123,800 today […]
Stock-Split Watch: 2 Artificial Intelligence (AI) Companies That Look Ready to Split