Tesla Stock Splits: Here's What Investors Should Know
Shares of Tesla (NASDAQ: TSLA) finally began trading on a split-adjusted basis Monday morning, completing a stock split that was announced on Aug. 11. The lower price represents a forward stock split in which shares split 5-for-1. Tesla stock opened the day trading at about $445 -- one-fifth of what the stock was trading at before the split.
If the electric-car maker's stock split has grabbed your attention and you're now taking a closer look at the growth stock, here's a quick overview of important factors investors should keep in mind.
Image source: Getty Images.
Source Fool.com