Better Stock-Split Buy: Tesla vs. GameStop
Stock splits can be exciting events, right? They certainly draw attention to the splitting company, even if they don't necessarily move the stock price up.
Consider the fates of two would-be splitters, Tesla (NASDAQ: TSLA) and GameStop (NYSE: GME). Since announcing their respective share divisions in late March, the share prices of both have declined (GameStop by 13.2% and Tesla by 9.6%).
But softening share prices can often make companies more attractive. Let's see which of these contenders is the better buy opportunity right now.
Source Fool.com
