Will a Stock Split Help Rally These 2 Underperforming Nasdaq Stocks?
Shares of tech stock Amazon officially split this week, and there are more stock splits coming. Many fast-growing companies have been deploying stock splits as a way to bring down their prices and thus be more accessible to a wider pool of investors. Stock splits can also generate some excitement around the businesses.
A couple of stocks that would relish the opportunity to benefit from some much-needed excitement include DexCom (NASDAQ: DXCM) and Alphabet (NASDAQ: GOOG). Both stocks are going to split soon, and the hope for investors is that it puts them back into the spotlight and sends their shares surging as a result.
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Source Fool.com