If you pay attention to any financial news at all, you've probably seen all the discussion lately about both Apple (NASDAQ: AAPL) and Tesla (NASDAQ: TSLA) planning stock splits in the near future. Apple is splitting its stock 4-for-1, while Tesla is doing a 5-for-1 split. When a stock splits, investors get multiple shares for each share they own, and the share price is reduced because more shares are now outstanding. Read More...
Here’s Why Tesla and Apple’s Stock Splits Don’t Matter
If you pay attention to any financial news at all, you’ve probably seen all the discussion lately about both Apple (NASDAQ: AAPL) and Tesla (NASDAQ: TSLA) planning stock splits in the near future. Apple is splitting its stock 4-for-1, while Tesla is doing a 5-for-1 split. When a stock splits, investors get multiple shares for each share they own, and the share price is reduced because more shares are now outstanding.
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