Wall Street's Next Stock Split -- a 27,000%-Gainer Since Its IPO -- Is Imminent, and I'm Not Talking About Broadcom
At the moment, there's probably not a hotter trend on Wall Street than artificial intelligence (AI). But companies enacting stock splits comes in a very close second.
A stock split is a mechanism that allows publicly traded companies to superficially alter their share price and outstanding share count. It's cosmetic in the sense that a stock split doesn't change a company's market cap, and it has no impact on its operating performance.
Image source: Getty Images.
Source Fool.com
