Stock Split Watch: Is Costco Next?
Costco Wholesale (NASDAQ: COST) should be on investors' watch lists for a potential stock split. The company's share price has risen to $493 as of this writing, which may put it out of reach for some individuals. A stock split would lower the price per share, making it more accessible to folks with less money to invest.
Notably, a stock split would not alter Costco's capability to generate revenue and profits. Let's look closer at the details of a potential stock split and some of the reasons why Costco's shares have risen so high.
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Source Fool.com
