Stock-Split Watch: 3 Artificial Intelligence (AI) Stocks That Look Ready to Split
The past few months have seen a bunch of artificial intelligence (AI)-related technology companies announce stock splits. In fact, of the five potential AI stock splits I wrote about back in May, four have already either executed or announced imminent splits.
Remember, a stock split doesn't change the intrinsic value of a stock one iota. But it can open up the stock to more retail investors and/or employees who would like to buy shares in lower dollar amounts, and who don't have access to fractional share buying.
With stock-split fever in the air and the recovering from its late-July slump, even more AI-related stocks are seeing their share prices soar. With a high share price and the likelihood of more AI-fueled growth ahead, these three are the next candidates to split their stock in the near to medium term.
Source Fool.com
