A stock split can be seen as a bullish move for companies because it often makes their shares more affordable to a wider range of investors. This increased accessibility can attract more buyers to the stock, potentially driving up demand and the stock price. Additionally, a stock split might be interpreted as a positive signal by investors, indicating that the company's management is confident in its future growth prospects. Overall, these factors can contribute to a bullish sentiment surrounding a company's stock following a stock split.

Reported 6 months ago

Nvidia has announced a 10-for-1 stock split, a move historically associated with outperforming the S&P 500. Stock splits aim to make shares more accessible to investors. Bank of America's research shows that companies that undergo stock splits tend to perform well after the split, with 30% experiencing declines. The trend of stock splits had declined but is now seeing a resurgence, with 36 S&P 500 companies above $500 per share potentially being eligible. There's speculation that companies undergoing stock splits could join the Dow Jones Industrial Average, as it is price-weighted.

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