Here's How This Stock Split Stock Is Doing After 6 Months
Intuitive Surgical (NASDAQ: ISRG) has shown us that it can be a great long-term investment. Shares of the robotic surgery leader have climbed more than 400% over the past decade. Last year, the stock even topped $1,000. Later on in the year, Intuitive announced a stock split -- lowering the value of each individual share.
Often, companies launch a split after shares have greatly gained in value. The advantages? The move makes it easier for a broader range of investors to buy the stock. And a split also opens the door to bigger share gains. It's easier for a stock trading for a few hundred dollars to multiply than one trading for more than $1,000. It's been six months since Intuitive's three-for-one stock split. Let's see how things are going.
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Source Fool.com
