Quote:
Originally Posted by RunKC
Lower stock price=sale. People will buy these companies bc they are affordable, especially Tesla, which means the stock price will go up.
Apple did their last stock split in 2014 when it started around $92. It has gone up 5 fold in 6 years.
That’s amazing
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It would have done that without splitting.
See Amazon.
The split does nothing. It’s a great company with a high stock price because it’s got great revenue and a huge cash pile. People can buy partial shares already, so splitting means nothing. If Apple is worth purchasing at $100/shares, it’s also worth purchasing at $500/share.