Tesla will split its stock this week, the latest megacap company to divide its highly priced shares this year in a bid to make them more accessible to investors.
Stock splits have declined in popularity over the years, but Amazon.com Inc. and Google parent Alphabet Inc. also split their stocks in 2022. Investors often interpret such plans as signals of confidence by management.
Source: finance.yahoo.com
Related posts:
Alibaba Stock Is Gaining Again. Why It’s Not Time to Buy.
Novavax Stock Could Hit $315, Says Analyst
Warren Buffett said he could make a 50% return on $1 million and predicted higher taxes. Here are 14...
Homeowners who locked in low mortgage rates have one reason to ‘celebrate’ right now, economist says
We're 67 Years Old With $1 Million in IRAs. Is It Too Late to Convert to a Roth?