Stock splits typically result in a bullish market response. Here are 8 high-priced stocks that could potentially experience a surge by emulating Nvidia's recent 10-for-1 stock split.

Reported 6 months ago

Nvidia recently announced a 10-for-1 stock split, becoming the 8th company this year to do so, following Walmart and Chipotle. Stock splits, although not impacting a company's value, are historically bullish according to Bank of America, with average returns one year later at 25%. This move indicates strength in the business, making shares more accessible and increasing liquidity. Bank of America identified 36 S&P 500 companies potentially ripe for stock splits, with eight having share prices over $1,000, including Booking Holdings and NVR Inc.

Source: YAHOO

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