Stock split does not fundamentally change nor increase the stock value. The recent amazon split is a sober reminder and example. in fact, the share price dropped after the stock split Even though Amazon is a very solid and fundamentally strong stock. Hence, it is good to exercise caution.
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- mster·2022-06-23It is not a good idea to do stock split during a down trend. 1 of them main reason to split is to make more affordable for small retail investors, in down time the stock itself already became cheap.LikeReport
- tungleh·2022-06-23Well saidLikeReport