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Apple did a 4 to 1 split today

Posted: Mon Aug 31, 2020 6:16 pm
by Enigma
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.

Re: Apple did a 4 to 1 split today

Posted: Mon Aug 31, 2020 10:50 pm
by Das Troll
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.

Re: Apple did a 4 to 1 split today

Posted: Tue Sep 01, 2020 6:13 am
by Enigma
But, like, in 2020 you can buy partial shares.