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Stock Split! Does GOOG share follow Apple/Tesla/Nvidia?

@Seven8
$Alphabet(GOOG)$ released a wonderful Q4 earnings result, and the company also announced a 20-for-1 stock split that will go into effect in July.Stock split that is the key to push the share price to $3,000 in after-market trading hours. Alphabet today announced that the Board of Directors had approved and declared a 20-for-one stock split (the “Stock Split”) in the form of a one-time special stock dividend on each share of the Company’s Class A, Class B, and Class C stock. If approval is obtained, each of the Company’s stockholders of record at the close of business on July 1, 2022 (the “Record Date”), will receive, after the close of business on July 15, 2022, a dividend of 19 additional shares of the same class of stock for every share held by such stockholder as of the Record Date. Assuming that the share price is $3,000,each share of GOOGL will convert into 20 in July 2022, the price per share after split is only $150, which allows more individual investors who love Google to own it! Actually, the split doesn’t change the fundamentals of the business. Rather, it will lower the price of each share, a move that companies often make when their stock trades in the thousands of dollars. However,Apple ,Tesla and Nvidia witnessed substantial gains ahead of their most recent stock splits in the past 2 years as illustrated below. On July 31, 2020 $Apple(AAPL)$ announced that a 4-for-1 stock split will be held on August 31, 2020. And the closing price of $106 on July 31 and $126.5 on August 31. The closing price was $174.6 last trading day, with an increase of 65% and 28% respectively in one and a half years. On August 12, 2020, $Tesla Motors(TSLA)$ announced that it willdo astock split announcement. Each share of TSLA will convert into 5on August 31, 2020. The closing price of $311 on August 12 and $498 on August 31. As of yesterday, it closed at $931, with an increase of 199% and 87% respectively in one and a half years. If compared with the highest point of $1243, the increase will be 300% respectively On May 21, 2021, $NVIDIA Corp(NVDA)$ announced that a 4:1 stock split program would be on July 20.The closing price of $150 on May 21 and $186 on July 20, and last night it closed at $246, with an increase of 64% and 32% respectively in more than 10 months. If compared with the highest point of $346.47, it will increase by 130% and 86%.
Stock Split! Does GOOG share follow Apple/Tesla/Nvidia?

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