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Prediction: 1 Artificial Intelligence (AI) Stock Destined for a Stock-Split in 2024
AVGOBroadcom(AVGO) The Motley Fool·2024-03-14 09:28

Some companies create so much value over the long term that their stock price soars into the hundreds or even thousands of dollars, which makes it difficult for everyday investors to buy one full share. Those companies will often execute a stock split, which works by increasing the number of shares in circulation and reducing the price per share by a proportional amount.For example, a 3-for-1 stock split would increase a company's shares in circulation threefold, while reducing its price per share by two-th ...