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The Most-Anticipated Reverse Stock Split of the Year Has Arrived -- and This Company Is a Screaming Bargain
SIRISirius XM(SIRI) The Motley Fool·2024-09-10 08:41

A total of 13 prominent businesses have announced or completed a stock split in 2024 -- but this is the only one conducting a reverse split.Since 2024 began, hype surrounding the artificial intelligence (AI) revolution has played a major role in lifting Wall Street's three major stock indexes to multiple record-closing highs. But AI isn't the only trend pushing the broader market higher. The euphoria surrounding stock splits has played an equally important role.A stock split allows publicly traded companies ...