A stock split happens when a company increases the number of its outstanding shares of stock to boost the stock's liquidity.
Stockholders holding shares through a broker, bank, or other nominee will have their positions automatically adjusted to reflect the reverse stock split and will not need to take any action.
Strategy (NASDAQ: MSTR), the tech company formerly known as MicroStrategy, has taken investors on a wild ride since its IPO. It went public at a split-adjusted price of $6 on June 11, 1998, and closed ...
MicroStrategy is the latest company to announce a 10-for-1 stock split as its shares hit $1,340. Record-high prices for stocks popular with investors have driven a stock-split boom this year. A market ...
Financial advisors who push the Social Security split strategy could be putting their clients at risk of lower lifetime benefits, said economist Laurence Kotlikoff. In the split-filing strategy, the ...
Strategy’s stock has gone through some wild swings since its IPO. It’s split its stock three times, with two forward splits and one reverse split. It probably won’t split its stock again unless its ...