Apple Stock Split Date 2020

Apple s first stock split in 1987 came after the stock price had reached roughly 80 per share. For a couple of weeks after the split apple shares sagged. At the time apple was trading above 600 per share.

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Apple announces 4 for 1 stock split.

Apple stock split date 2020. This had it reporting diluted earnings per share of 2 58 on revenue of 59 69 billion. At the time apple was trading above 600 per share. Top stocks to buy in 2020. Apple and tesla arguably two of the market s most popular companies both announced stock splits in recent weeks.

The release of its third quarter fiscal 2020 results on. It follows a similar move apple made in 2014 when it offered a 7 to 1 stock split. Apple was trading at 384 07 ahead of earnings and the split announcement but the shares popped to 424 28 the next day on earnings excitement though the excitement of a stock split has helped. The apple stock split was announced alongside the company s earnings for its fiscal third quarter of 2020.

A 2 for 1 split gave apple plenty of breathing room to avoid triple digit share prices. 24 will be given three additional shares for every share they hold on that date. And there was a brief push higher immediately following the effective date of the move. Are these maneuvers good or bad for investors.