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And the stock will begin trading at the split-adjusted price on June 10. Considering today's share price of $1,095, the price on June 10 should be around $109. Investors don't have to lift a finger
You see, lowering the share price is what a stock split does. ASML is trading at approximately $1,000 today. Suppose the company executes a 10-for-1 split, like Nvidia and Broadcom have done ...
Image source: Getty Images. Why companies launch stock splits. First, a bit of background on stock splits.As mentioned, these operations lower the per-share price of a stock to make it easier for ...
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Its shares price has surged 1,150% since August 2021, making it the best-performing stock in the S&P 500 during the last three years. The company will reset its share price with a 10-for-1 stock ...
The main effect of stock splits is an increase in the liquidity of a stock: [3] there are more buyers and sellers for 10 shares at $10 than 1 share at $100. Some companies avoid a stock split to obtain the opposite strategy: by refusing to split the stock and keeping the price high, they reduce trading volume.