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Stock Split Watch: Is Eli Lilly Next?
LLYLilly(LLY) The Motley Fool·2024-06-28 08:35

Eli Lilly's revenue has climbed, thanks to high demand for its weight loss drugs.The market has been ripe with stock splits in recent times, with companies from tech giant Nvidia to fast-casual restaurant chain Chipotle Mexican Grill announcing them. This occurred after these stocks soared in recent years, in many cases reaching into the thousands of dollars. Companies launch stock splits to lower the price of each individual share, making the shares more affordable for a broader range of investors.Investor ...