Own Alphabet Stock? You'll Have Additional Shares After the Stock Split
Tech behemoth Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is next in line for a stock split. Alphabet, the parent company of Google, is getting ready to shower investors with 19 extra shares in their account for every one share they owned before the cut-off date. This is all due to a 20-for-1 stock split that will take place after market close on Friday, July 15.
If you're wondering how Alphabet's 20-for-1 stock split will impact your portfolio, we've compiled a few things you should know so you won't be left in the dark.
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Source Fool.com
