These 4 Companies Should Split Their Stocks
Stock splits -- when a company increases or decreases its share count without changing its overall value -- clearly do nothing to change what a company does or its intrinsic value for investors. But splits can definitely have a short-term effect on stock prices. Apple (NASDAQ: AAPL) and Tesla (NASDAQ: TSLA) proved that this week when their share prices shot higher for no apparent reason other than their stocks splitting.
Amazon (NASDAQ: AMZN), NVIDIA (NASDAQ: NVDA), Netflix (NASDAQ: NFLX), and Chipotle (NYSE: CMG) are some of the most expensive stocks on the market. Even if the upside is short-lived, each company's stock price could get a boost from simply splitting their shares. Let's take a closer look at why these four companies should be the next to split their stocks.
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Source Fool.com
