Apple Just Split Its Stock: Here's Why This Tech Stock Might Be Next
Apple's (NASDAQ: AAPL) stock split is on track to be a resounding success. The tech giant's share price has climbed roughly 30% since the company published second-quarter results and announced the 4-for-1 split at the end of July, and the recent fervor over the move has prompted speculation about which other large companies might carry out their own splits.
Perhaps no other company in the tech sector is a better candidate than Amazon (NASDAQ: AMZN). The e-commerce and cloud computing giant's shares currently trade at roughly $3,400 a pop, and it's been more than two decades since the company orchestrated a stock split. Here's why Jeff Bezos and Co. could soon join the stock-splitting fray.
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Source Fool.com
