what-apple-investors-should-know-ahead-of-stock-split

What Apple Investors Should Know Ahead Of Stock Split

AAPL) shares are up 30.4% since the company announced a four-for-one stock split back on July 30. The split will take effect on Aug. 31, 2020.” data-reactid=”19″ type=”text”>Apple, Inc. (NASDAQ: AAPL) shares are up 30.4% since the company announced a four-for-one stock split back on July 30. The split will take effect on Aug. 31, 2020.

A large part of the decision is likely due to Apple’s 435% gain since its last stock split back in 2014. At a share price of $502, shares of the iPhone maker have likely become prohibitively expensive for some retail investors. By splitting its shares four ways, Apple will bring its share price back down to around $125.

In addition to ensuring access to all investors, a stock split is typically also an indication that management doesn’t see the current market value as overinflated, another bullish sign.

Apple investors who owned the stock as of the record date of Aug. 24, 2020, will receive split shares in their trading accounts following the aftermarket close on Aug. 28.

market studies have shown stocks that have split typically outperform the market following the split. Apple investors are hoping their split will be no exception.” data-reactid=”29″ type=”text”>Benzinga’s Take: For all of the reasons mentioned above, multiple market studies have shown stocks that have split typically outperform the market following the split. Apple investors are hoping their split will be no exception.

Apple’s Market Cap Eclipses Trillion. So What’s Next? ” data-reactid=”31″ type=”text”>Apple’s Market Cap Eclipses Trillion. So What’s Next?

See more from Benzinga” data-reactid=”33″ type=”text”>See more from Benzinga

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