Just read that Tesla is doing a 5 for 1 stock split, and I think last month Apple did a 4 for 1.
Let's just make the math easy on us and use Apple as an example. If you have 0.5 shares before the split, you'll end up with 2. However your value is still the same.
I would not be shocked if most people or even a large chunk of investors still only purchase full shares but it just seems to me like things are heading in the direction of fractional shares.
Submitted August 11, 2020 at 05:19PM by matty1monopoly https://ift.tt/3kziBBB
