Will Eli Lilly Do a Stock Split in 2024?

Eli Lilly hasn't done a stock split in decades.Stock splits can sometimes be an effective way for a company to generate excitement around its stock. It's a sign that the company is doing well, and by lowering the price of the stock through a split, the shares can become more accessible to a wider pool of investors. It's why shares often rally following a stock split.One stock that's starting to get up there in price is Eli Lilly (LLY -3.82%). Its shares are getting close to $1,000, and there could be a case ...