Does Share-Splitting Make a Difference Anymore?
Top of Mind with Julie Rose - Radio Archive, Episode undefined
- Jun 27, 2017 11:00 pm
- 14:20 mins
Guest: William C. Weld, PhD, Clinical Assistant Professor of Finance, University of North Carolina In the last month, Amazon’s stock price has come tantalizingly close to $1000 per share, which means that anybody wanting to buy into Amazon should be ready to cough up some serious dough. But twenty or thirty years ago, this never would have happened. Any company whose stock had grown to a value this big would have performed a “stock-split,” which is like trading one $500 share for two shares worth $250 each. These days stock splitting is very rare.