Nvidia Recently Completed a 10-for-1 Stock Split, and These 2 "Magnificent Seven" Members Look Ready to Follow in Its Footsteps
Although most investors are captivated by the long-term potential of artificial intelligence (AI), companies enacting stock splits are an equally hot trend on Wall Street.
A stock split is an event that allows publicly traded companies an opportunity to cosmetically alter their share price and outstanding share count. It's superficial in the sense that stock splits don't affect a company's market valuation or operating performance.
Image source: Getty Images.
Source Fool.com
