Why doesn't Google issue a stock split? Good company earnings, price is way above a desired trading range? If they issued a 2:1 split, I am sure people who could not handle trading a 300+ stock would hop on board and drive Google back up to 300+ If they did at any ratio, would you imagine the volume when they did....WOW -Kastro
Investors would hop on board for what reason? Because it's 'lower priced'? Let's see, i don't like it at $350, but at $175 it's a bargain? Same company, double the shares.
Yes. The lower trading range would appeal to more of a broad spectrum of investors. Look what happened to HANS. Stock got up to $100.00, then they split it down to $50.00, now its back to $110.00. Sure it's the same company...thatâs the point! -Kastro