Stock Splits Actually Work—Just Not for the Reason Everyone Thinks

Years of data show positive results for companies that split their stocks. That’s puzzling for anyone that believes in a rational market. Here’s how to make sense of stock splits. Read More...

Motley Fool

Why Atlassian Stock Is Going Down Today

Shares of Atlassian (NASDAQ: TEAM) fell hard on Friday, down 4.3% as of noon ET after the workflow management software company held an investor day on Thursday. Analysts weren’t uniformly impressed with what Atlassian had to say. On the other, Piper Sandler lowered its price target (to $384), while Cowen & Co. called the investor day revelations “relatively in line with expectations” — and maintained a $330 price target and neutral rating on the stock.

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