Reported 3 days ago
Broadcom, the semiconductor giant, may be considering another stock split following a significant surge in its share price, which has risen nearly 30% since its last split just five months ago. With promising developments in artificial intelligence and expected growth in revenue, analysts speculate that if Broadcom's stock reaches between $350 to $400 per share, a split could be on the horizon. Stock splits primarily aim to make shares more accessible to smaller investors, though they do not change the overall value of the investment.
Source: YAHOO