One Member of Congress Is Going Against the Grain and Selling This Skyrocketing Stock-Split Stock
Over the three previous weeks, Wall Street's major stock indexes have sent a stern reminder to investors that equities don't move up in a straight line. The iconic Dow Jones Industrial Average, benchmark S 500, and innovation-powered Nasdaq Composite have all retraced by at least 5% from their respective record-closing highs.
When volatility and uncertainty rear their proverbial heads, both professional and everyday investors have a tendency to seek the safety of time-tested outperformers. While the "FAANG stocks" have been popular for more than a decade, it's stocks enacting splits that investors -- including members of Congress -- have really flocked to in recent years.
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Source Fool.com