Quote:
Originally Posted by Dopedangel
Google and Amazon should do 10 for 1 splits as the shares are mostly sold in lots of 100 and it's hard for small investors to spend 100k one shot to buy. I feel both their market caps would go up by at least 5% if they do a 10 or 20 for 1 split.
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Microsoft does that regularly.
It gets their stock into tons of retirement nest egg portfolios which means long-term investors instead of "day traders" and less stock volatility. Which in turn means less quarterly drama for the CEO.