Stock Split Watch: Is Booking Holdings Next?
Numerous companies on Wall Street have begun splitting their stock; splits don't impact the stock's fundamental valuation. They create more shares at a lower price, which is great for retail investors trying to scoop up shares without breaking the bank.
Booking Holdings (NASDAQ: BKNG) owns and operates numerous travel and reservation websites, including Booking.com, Priceline, and OpenTable. A survivor from the "dot-com" era in the early 2000s, Booking Holdings has steadily seen its share price grow to more than $2,100 per share.
So what makes the company a candidate likely to split its stock, and what do investors need to know? I'll explain everything below.
Source Fool.com
