Reported about 1 year ago
June is a popular month for stock splits, with recent high-profile ones like Amazon and Shopify in 2022. Following Nvidia's 10-for-1 split and Chipotle Mexican Grill's upcoming 50-for-1 split, attention turns to companies with high stock prices like Costco Wholesale and MercadoLibre. Costco's unique low-margin model and MercadoLibre's e-commerce and fintech growth suggest they could be considering stock splits as they continue to demonstrate strong performance and attract investor interest.
Source: YAHOO