Ruth Porat: top related news
02.02 / 10:15
Google
Apple
Google shares coming to masses; set to follow in Apple, Tesla footsteps
Alphabet Inc. is bringing big stock splits back to the market, so prospective buyers won’t need upwards of $3,000 to own a share. Taking down the price achieves something else for the Google parent: making it possible to put America’s third-biggest company into its most venerated stock average. Share splits have nearly disappeared from the U.S. stock markets recently, with only two in 2019 compared with 47 splits in the S&P500 in 2006 and 2007. But Apple Inc. and Tesla Inc, brought it back to attention after they split their stocks in 2020.
13.09 / 10:19