While stock splits don't make stocks fundamentally cheaper, their lower trading prices often attract a lot of attention from smaller retail investors who weren't previously willing to pay hundreds or thousands of dollars for a single share. One stock that might be ripe for a split in 2023 is ASML (NASDAQ: ASML), the Dutch semiconductor equipment maker that trades at around $550 per share. ASML has already split its stock four times, including 2-for-1 splits in 1997 and 1998, a 3-for-1 split in 2000, and an 8-for-9 reverse split (which was used to optimize its capital structure) in 2007. Read More...
While stock splits don’t make stocks fundamentally cheaper, their lower trading prices often attract a lot of attention from smaller retail investors who weren’t previously willing to pay hundreds or thousands of dollars for a single share. One stock that might be ripe for a split in 2023 is ASML (NASDAQ: ASML), the Dutch semiconductor equipment maker that trades at around $550 per share. ASML has already split its stock four times, including 2-for-1 splits in 1997 and 1998, a 3-for-1 split in 2000, and an 8-for-9 reverse split (which was used to optimize its capital structure) in 2007.
