Sony's Stock Split Comes With a Catch
Sony Group(SONY) The Motley Fool·2024-09-07 16:17
The company's impending stock split isn't the only major factor affecting its shares. Venerable electronics firm Sony (SONY -4.57%) has joined the cadre of companies choosing to split their stocks. Sony announced a 5-for-1 stock split to take effect Oct. 1. Forward stock splits, like Sony's, lower the price of individual shares, making them accessible to a wider pool of investors. This provides an incentive to buy Sony stock. But before deciding to invest, you may want to be aware of one potential drawback. ...