3 Stock-Split Stocks Billionaires Can't Stop Buying

If there's one certainty about investors as a whole, it's that they'll find the good in even the direst situations. With the Dow Jones Industrial Average, S 500, and Nasdaq Composite tumbling into a bear market in 2022, investors turned to companies enacting stock splits for good news.

A stock split allows a publicly traded company to alter its share price and outstanding share count without having any impact on its market cap or operations. Forward stock splits lower a company's share price while increasing its share count by the same magnitude, while a reverse stock split is designed to increase a company's share price and reduce its outstanding share count by the same factor.

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Source Fool.com