Billionaires Are Running Away From What May Be the Next Group of Stock-Split Stocks
No matter how uncertain things may appear on Wall Street, investors will always seek out slivers of hope. Over the past two years, a consistent source of positivity for the investing community has been companies enacting stock splits.
A stock split is an event that allows a publicly traded company to alter both its share count and share price while having absolutely no impact on its market cap or operations. It's a cosmetic change that can make buying shares more nominally affordable for the average investor, such as with forward stock splits, or can ensure that a company remains listed on a major exchange by lifting its share price, such as with reverse stock splits.
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Source Fool.com
