Reported 6 months ago
Following Nvidia's 10-for-1 stock split, which marks a significant moment for the AI chip leader, the article discusses the streak of stock splits among the 'Magnificent Seven' tech companies since the pandemic began. With five out of the seven companies splitting shares in recent years, Microsoft and Meta Platforms are highlighted as potential next candidates for a stock split. Microsoft, historically having multiple splits but none since 2003, may consider it with its rising share price, while Meta Platforms with its high price and lower market cap compared to Microsoft, stands out as a potential contender for a stock split, further attracting retail investors and aligning with the Dow's requirements.
Source: YAHOO