Reported 15 days ago
As Wall Street eagerly awaits Costco Wholesale's upcoming fiscal fourth-quarter report on September 26, industry experts speculate that an announcement of a forward stock split could follow, making the company's high share price of over $892 more accessible to everyday investors. Despite having only split its stock three times since going public, Costco's strong market position and continued operational success suggest a split could generate significant buzz as it seeks to maintain its lofty valuation.
Source: YAHOO