Stock-Split Watch: Is Broadcom Next?
Publicly traded companies routinely split their stocks. recently made news when it announced its plans to execute a 3-for-1 split, which will take its shares from $170 to under $60.
If Walmart is splitting its stock under $200, what does that mean for technology giant Broadcom (NASDAQ: AVGO), which trades at a hefty $1,200 per share today? Remarkably, the company has never split its stock.
Will that change?
Source Fool.com