2 Quick Points to Simplify Stock Splits
Understand why a company may do a stock split
On July 30th, Apple announced its Q3 2020 earnings (Apple’s fiscal year ends in September). Other than the company beating earnings with earnings per share of $2.58 versus an expectation of $2.07, the company made an announcement that overshadowed that. The company announced a 4-for-1 stock split.