Stock-Split Watch: 5 Artificial Intelligence (AI) Stocks That Look Ready to Split
The artificial intelligence revolution has caused a growth surge for the technology's enablers, most of which reside in the semiconductor sector.
In fact, the stock movements for these companies have been so strong that many now trade at very, very high stock prices, setting these AI beneficiaries up for a potential stock split.
Stock splits don't create or destroy any value on their own. After all, if a company has twice as many shares but half the stock price, the company's total market cap remains the same. However, stock splits can help certain people afford shares if they don't have a broker that allows fractional share buying. Moreover, splits can increase a stock's liquidity, which can help lower-bid-ask spreads for trading purposes, and therefore attract larger funds to a stock.
Source Fool.com
