Stock splits have become trendy on Wall Street. Artificial intelligence (AI) giant Nvidia recently executed a 10-for-1 split, and fellow chip company Broadcom announced its own 10-for-1 split for ...
The countdown has begun. The latest tech stock split, from Super Micro Computer (NASDAQ: SMCI), is set to happen in a few days -- and the stock will open at its split-adjusted price as of Oct. 1.
1. How do stock splits work? Stock splits are simply a financial engineering mechanism. When a company executes a split, its outstanding shares rise by the number in the split ratio (in the case of ...