Here’s what a stock split means for investors
A stock split is a term that has recently been all over the investing world. Why? Well, because one of the largest companies in the world — Apple Inc.(NASDAQ: AAPL) — has recently announced a fresh stock split. So although companies on the ASX aren’t as prolific with stock splits as our friends over in the United States, understanding how these splits work is still a valuable piece of investor information that I think everyone should have their head around.
What is a stock split?
A stock split…