Apple and Tesla Stock Splits: Here's What You Should Know Beforehand

Tesla (NASDAQ: TSLA) and Apple (NASDAQ: AAPL) made headlines recently when the two companies announced upcoming stock splits in an effort to make their shares available to a larger base of investors. Both companies' stocks have run substantially higher over the past 12 months, partly explaining why a stock split made sense for them. Apple and Tesla shares are currently trading at about $497 and $2,050, respectively. Stock splits would make the two stocks easier for individual investors with smaller amounts of capital to buy.

But how will the two companies' stock splits work? And should investors buy Tesla and Apple stock because of their upcoming splits later this month?

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Source Fool.com