2 Stock Splits That Should Happen Right Now
Few things get more investor attention than stock splits. Shareholders see them as huge positive signs for a company, and even though they have no fundamental impact on the value of a business, they do tend to signal that management has confidence in the company's future prospects.
We've seen a large number of stock splits so far in 2022. Tech behemoths Amazon.com (NASDAQ: AMZN) and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) chose to do aggressive 20-for-1 splits to bring their share prices down into the $100 to $200 range. Several other companies, including meme-crowd favorite GameStop (NYSE: GME), decided to jump on the bandwagon as well.
Yet there are still many companies that arguably should have been looking at stock splits a long time ago. Peer pressure might finally cause these high-growth leaders to think about changing their long-held views on the subject. Here are my picks for two stock splits that should happen sooner rather than later.
Source Fool.com
