Stock splits are back in fashion. Here's why, and which companies could be next
Publishing timestamp: 2024-06-14 09:08:26
Summary
Stock splits, which have been less common in recent years, are making a comeback with companies like Walmart, Williams-Sonoma, and Broadcom announcing splits. Some companies are splitting their stocks to make ownership more accessible to retail investors and employees. Studies have shown that stock splits can improve liquidity and increase shareholder base, potentially impacting stock prices. Retail-facing companies with high stock prices may be more likely to split their stocks in the future.
Sentiment: NEUTRAL
Tickers: CMG, LRCX, 6758.T-JP, NVDA, WMT, CTAS, WSM, AVGO, COO, ODFL, APH, TPL, SONY,
Keywords: cooper companies inc, investment strategy, old dominion freight line inc, chipotle mexican grill inc, nvidia corp, broadcom inc, sony group corp, amphenol corp, cintas corp, lam research corp, business news, markets, stock markets, walmart inc, texas pacific land corp, williams-sonoma inc,