Stock Splits Are Back. So Is the Debate Over Whether They Matter
(Bloomberg) — Stock splits are back in vogue among big U.S. companies, reviving a debate about whether the practice that had fallen out of favor for years is worth the fuss.
Last week, Nvidia Corp. became the eighth company in the S&P 500 Index to announce a split in the past year, joining big names like Apple Inc. and Tesla Inc. Thats the most over a comparable period in six years, according to data compiled by Bloomberg.
The surge in splits comes amid a rally thats pushed share prices of almost…
