After Amazon, Will These 5 High-Priced Stocks Split Their Shares?
After more than 20 years and a 5,000% increase in returns, Amazon (NASDAQ: AMZN) is splitting its stock again. At over $3,000 a share, the e-commerce giant is one of the most expensive stocks on the market. The split will cause the stock to trade at around $150 per share.
Of course, that means nothing to investors who will receive 20 times the number of shares they currently own, meaning nothing changes in their portfolios, but splits are generally seen as a bullish signal and a shareholder-friendly move.
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Source Fool.com
