Stock splits have been hot lately as some top companies have decided that dividing up their stocks into smaller portions will benefit the companies and their shareholders. Whether stock splits are advantageous to anyone is debatable, but historically, splitting the stock into smaller portions at cheaper prices does tend to achieve at least an initial jump in the price. Amazon (NASDAQ: AMZN) and Shopify (NYSE: SHOP) both split their stocks in June, and both stocks are up around 10% since their respective stock splits as of this writing.
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Motley Fool senior analysts Matt Argersinger and Jason Moser discuss: Snap's incredible fall over the past year. How worried shareholders of Alphabet and Meta Platforms should be. Intuitive Surgical's latest results.