Tag: stock split
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MicroStrategy (MSTR) Just Split 10:1
MicroStrategy (MSTR) split 10:1 after the bell on Friday. While it won’t change any of the company’s fundamentals, it will make the stock far more attractive at a lesser cost to more investors. Using Friday’s closing price of about $1,448, the stock should open at $144.80 on Monday. However, we don’t expect for MSTR to…
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Take Advantage of the Broadcom Split
Share of Broadcom (AVGO) just split 10:1, bringing its stock price down to $167.45. While the split won’t impact the stock fundamentally, it is far more attractive to more investor at this lower price. Even better, AVGO may not stay this cheap for long, especially with the artificial intelligence story still heating up. As noted…
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GameStop Just Announced a 4:1 Stock Split
GameStop Corp. (GME) just announced a 4:1 split. All after the stock exploded from a low of about $3.15 to a current price of $117.43. On the news, the GME stock is up another $10.46 in aftermarket to $127.89. “Shareholders of record at the close of business on July 18 will receive three additional shares…
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Shopify Racing Higher on Stock Split News
Keep an eye on Shopify Inc. (SHOP). The oversold stock could run after shareholders approved a 10:1 stock split. “For the stock split, shareholders of record as of the close of business on June 22, 2022 will receive on June 28, 2022 nine additional Class A subordinate voting shares or Class B multiple voting shares,…
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Amazon.com Just Announced a 20 for 1 Stock Split
Amazon.com (AMZN) is about to get a lot cheaper. All after the company announced a 20 for 1 stock split – its first split in about 23 years. Once approved by shareholders, it should go into effect on June 6. According to CNBC, “This is Amazon’s fourth stock split since its IPO in 1997, and its…