Wall Street's Newest Stock-Split Stock Should Be Avoided Like the Plague -- and I'm Not Talking About Broadcom

Wall Street's next 10-for-1 stock split is being executed by a company whose business is, arguably, built on a house of cards.Although all eyes are seemingly on the rise of artificial intelligence (AI), the hottest trend on Wall Street just might be companies conducting stock splits.A stock split is an event that permits publicly traded companies to alter their share price and outstanding share count. Keep in mind that these adjustments are purely cosmetic and have no impact on a company's market cap or its ...