Over the past two months, three well-known companies have announced their intention to conduct a forward stock split, with the approval of their shareholders. A stock split allows publicly traded companies to alter their share price and outstanding share count without having any effect on their market value or the performance of their underlying business. It began with Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG), the parent company of internet search engine Google and streaming platform YouTube. Read More...
Motley Fool
Is It Time to Buy the Nasdaq’s 7 Worst-Performing March Stocks?
Last month ended up being a pretty good one for the market, with the Nasdaq Composite bouncing back from February’s 3% stumble to log a gain of a little more than 3% in March despite this past week’s weakness. If you’re wondering, last month’s biggest large-cap Nasdaq losers are Grab Holdings, Upstart (NASDAQ: UPST), Rivian Automotive (NASDAQ: RIVN), and Huazhu Group, suffering losses of 39%, 31%, 20%, and 21%, respectively. Dishonorable mentions also go the fifth-, sixth-, and seventh-place large-cap laggards Pinduoduo, JD.com, and Okta (NASDAQ: OKTA), down 23%, 19%, and 17% (again, respectively) in March.
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