Reported 1 day ago
Costco Wholesale, a prominent consumer brand with a remarkable 62,500% gain since its IPO, is anticipated to be the first major stock to undergo a forward split in 2025. The stock split is seen as a way to enhance accessibility for retail investors and could help alleviate concerns over its high valuation of 57 times forecast earnings, especially as the overall market experiences euphoria surrounding stock splits.
Source: YAHOO