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1 Stock-Split Stock You Can Confidently Buy for the Second Half of 2024, and 2 to Avoid [Yahoo! Finance]
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Last cisco systems, inc. earnings: 2/12 04:05 pm
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A stock split is an event where a publicly traded company cosmetically alters its share price and outstanding share count by the same magnitude. It's "cosmetic" in the sense that changing a company's share price and share count by the same factor has no effect on its market cap or operating performance. There are two types of stock splits: forward and reverse. With a forward-stock split, companies are angling to make their shares more nominally affordable for retail investors who might not have access to fractional-share purchases with their broker. Meanwhile, a reverse-stock split aims to increase a company's share price, often with the goal of ensuring it meets the minimum continued listing standards on a major stock exchange. Most investors tend to favor forward-stock splits, because the companies enacting forward splits are typically out-innovating and out-executing their peers. Since 2024 began, nine high-profile stocks have announced or completed a stock split . However,
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