Chances Of Apple Stock Splitting
In june 2014 the cupertino calif company split the stock on a 7.
Chances of apple stock splitting. The 7 for 1 apple stock split in 2014 brought down the company s share price to about 93 from more than 650. Then the seven for one stock split took effect lowering the price to approximately 94. When trading stopped shares were priced at 645 57. Thursday evening the tech behemoth announced a split four shares for every current share when it reported earnings.
The last time apple split its stock was on june 9 2014. In 1987 2000 and 2005 the stock was split on a 2 for 1 basis. On august 31 trading will begin. Apple and tesla arguably two of the market s most popular companies both announced stock splits in recent weeks.
If you own a share of apple on august 24 the stock split will get you three more according to the wall street journal. It also split on a 7 for 1 basis on june 9 2014. A 2 for 1 basis on june 21 2000. And on a 2 for 1.
This is apple s fifth stock split since it went public. The stock surged over 86 to hit 293. If the stock of the iphone maker mimics its 2019 growth apple could be heading for a split in 2020 six years after the last one. Apple stock trading above 400 a share friday morning is splitting up.
The last time apple shares split was in 2014 when apple enacted 7 to 1 split. Stock splits had almost become a thing of the past when apple nasdaq aapl came out with its surprise announcement to split its stock the move was the fourth time that apple had made such a move. Even wall street seems to be in near total agreement. What apple s 4 for 1 stock split means.
At the time the shares. So far all the stars are lining up in apple s favor increasing the chances that the stock could go up further still. Are these maneuvers good or bad for investors. Since going public in 1980 apple s stock has split four times.