Hey Identifier,
https://www.barrons.com/articles/stock-splits-2022-51649455281
Stock splits are back in vogue, and the market is quickly rewarding companies that divide their shares. Google parent Alphabet, Amazon.com, Tesla, and GameStop are among the latest companies to seek approval from their shareholders for splits. Each of them enjoyed a post-announcement rally.
There is no fundamental impact from a stock split beyond an increased share count, which makes the subsequent rallies puzzling, especially for those who believe in a rational market.
#tesla #amazon #google #stocksplit
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