Costco Stock Has a Big Price Tag. Some Investors Are Eyeing a Rare Split
Key Takeaways
- Costco’s shares finished the week with a price tag over $1,000 apiece, putting them in comparatively rarified company among those of S&P 500 companies.
- The stock’s rise has offered investors a fresh opportunity to wonder whether the company might split its stock—which hasn’t happened since 2000.
- CFO Gary Millerchip in December said that making the shares comparatively cheap is less useful to investors now than in years past because of the availability of fractional shares.
Shoppers are fans of Costco’s prices. Could the warehouse giant’s stock get a smaller price tag, too?
That’s on some investors’ minds lately, with shares of Costco Wholesale (COST) among the most-expensive—on a straightforward…
