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'AAPL' is the stock symbol under which Apple Inc. trades on the NASDAQ stock market. Apple originally went public on December 12, 1980, with an initial public offering at US$22.00 [244] per share. The stock has split 2 for 1 three times on June 15, 1987, June 21, 2000, and February 28, 2005.
* Once Apple has completed the stock split, it will have shares trading on the new split-adjusted basis starting on Aug. 31, 2020. * With Apple's shares trading at over $400, this split should ...
It's gone through several stock splits over the past 45 years.
ShutterstockStarbucks did a two-for-one stock split in April. Some Starbucks (SBUX) investors likely spat out their morning coffee on April 9. The same stock that closed at $95.23 the night before ...
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.
If the stock price happens to squeak by $100.72, that will represent an all-time high price for AAPL. Apple's stock last hit the pre-split high of $705 per share back in September of 2012.