Tesla goes old school with a 5-for-1 split
CNBC: Tesla announced a five-for-one stock split on Tuesday evening. The split goes into effect on August 31. Tesla shares rose more than 6% in post-market trading even though the stock split changes nothing fundamental about the stock. Theoretically, the move could mean more smaller investors could afford the stock, but those investors are minuscule compared to major institutions. What’s more, most brokerages offe...
source https://thereformedbroker.com/2020/08/11/tesla-goes-old-school-with-a-5-for-1-split/
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source https://thereformedbroker.com/2020/08/11/tesla-goes-old-school-with-a-5-for-1-split/
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