The Capital
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The Capital

2 Quick Points to Simplify Stock Splits

Understand why a company may do a stock split

Photo by Drew Beamer on Unsplash

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.

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Tunji Onigbanjo

Tunji Onigbanjo

Financial literacy is important.

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