Following the Tesla Stock Split, This Widely Owned Stock Should Be Next to Split
It's been an unforgettable year on Wall Street... for all the wrong reasons. The broad-based S&P 500 and tech-driven Nasdaq Composite have entered bear market territory; the U.S. economy has delivered back-to-back quarters of declining gross domestic product (i.e., a technical recession); and consumers are dealing with the highest inflation rate in more than 40 years. If this wasn't enough, Russia invaded Ukraine in February, which puts even more pressure on already challenged global energy supply chains.
Yet in spite of this seemingly never-ending parade of bad news in 2022, the investing community found its shining light in the form of stock splits.
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Source Fool.com