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What does it mean when a stock splits?
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Holly
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Member since 5/05 6631 total posts
Name:
Holly
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What does it mean when a stock splits?
TIA
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Posted 5/5/07 11:48 AM  |
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LSP2005
Bunny kisses are so cute!
Member since 5/05 19461 total posts
Name:
L
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Re: What does it mean when a stock splits?
Lets say the price of a stock is $80 per share and you own one share of that stock. When the stock splits you will have 2 shares at $40 each.
Thus, more shares of the stock are on the market for the company to sell. It will generally help the company raise more revenue because more people can purchase the shares of stock.
Message edited 5/5/2007 11:51:52 AM.
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| Posted 5/5/07 11:49 AM |
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