The stock splits of Apple and Tesla take effect Monday. These change the stock price and not much else, but they can be confusing anyway. Here, the ins and outs of stock splits, from how they work to why they happen less often.
The stock splits of Apple Inc. and Tesla Inc. take effect Monday. These change the stock price and not much else, but they can be confusing anyway.
Stock splits rarely happen these days. Once nearly a given when shares topped $100 or so, stock splits have all but disappeared from the corporate playbook. Stock splits by companies in the S&P 500 faded from prominence after the dot-com bust in 2000, while those by companies in the Dow Jones Industrial Average are even less frequent.
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