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The Stock Split Is Over for Chipotle: Could These 2 High-Flying Restaurant Stocks Be Next?
DPZDomino’s Pizza(DPZ) The Motley Fool·2024-07-11 10:10

Stock splits usually happen after share prices have gone up by large amounts. Let's say that a management team wants to bring its 200stockdownto200 stock down to 100. In that case, it will perform a 2-for-1 stock split. Each share will be worth half as much after the split. But all shareholders will have twice as many shares, keeping overall value the same. Companies aren't required to do stock splits -- Berkshire Hathaway trades at more than $600,000 per share and still doesn't intend to do anything about it. Therefor ...