Apple did a 4 to 1 split today

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Helladamnleet
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Apple did a 4 to 1 split today

Post by Helladamnleet » Mon Aug 31, 2020 6:16 pm

Which means if you owned 1 share you now own 4. You still only own whatever dollar amount you did before, and I'm actually not sure what the point of this is.
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Re: Apple did a 4 to 1 split today

Post by Das Troll » Mon Aug 31, 2020 10:50 pm

It splits the price so people can get in at a lower price. Like if its 1000 dollars per stock, Average joe and jane Q public will pass it up. But if its worth 250 dollars then you'll see some buyers. Previous owners love it because they hope for the price to go back up.

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Helladamnleet
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Re: Apple did a 4 to 1 split today

Post by Helladamnleet » Tue Sep 01, 2020 6:13 am

But, like, in 2020 you can buy partial shares.
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