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Will Disney Split Its Stock?

TheMotleyFool

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Will Disney Split Its Stock?Photo, wide shot, wide-angle lens, Gas company, Midday, harsh overhead sunlight, directional sunlightt, photo by Peter Lik: https://img.midjourneyapi.xyz/temp/07ff6859-914a-4fdd-8473-abdbac8978f6.png

Stock splits have been in the news recently after high-profile names like Apple (NASDAQ: AAPL) and Tesla (NASDAQ: TSLA) enacted 4-for-1 and 5-for-1 splits, respectively. Not long after, utility and renewable energy company NextEra Energy (NYSE: NEE) announced another 4-for-1 split with its share price approaching $300.

Walt Disney (NYSE: DIS) is a popular name with its stock also trading over $100 per share. So investors may be wondering if it would make sense for Disney to split its stock as well. There is actually one compelling reason for Disney in particular to make such a move.

Image source: Getty Images.

Source Fool.com

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