Reported about 1 year ago
This article discusses the rising trend of stock splits on Wall Street, focusing on forward-stock splits that make shares more affordable for retail investors. It mentions prominent companies like Nvidia, Chipotle Mexican Grill, and Broadcom that have recently announced stock splits. The spotlight is on Williams-Sonoma, which has seen a significant gain since its IPO in 1983 and is preparing for a stock split after not doing one for 22 years. The company's success is attributed to e-commerce emphasis and a focus on middle-to-upper-income consumers, although debate exists on its future growth prospects.
Source: YAHOO