What The Stock-Split Mania Really Means
It seems like every hot stock on the market is doing a split these days.
In the last two years, well-known stocks including Apple, Amazon, Alphabet, Tesla, and Shopify have all announced stock splits or have carried them out. Tesla even filed to do a 3-for-1 stock split just two years after splitting its stock 5-for-1.
The stock-split trend has sparked a wave of chatter unlike ever before. Google searches for "stock splits" have spiked to record highs this month, and sleuths on online forums like Reddit's Wall Street Bets are busy figuring out the best way to play stock splits.
Source Fool.com
