Surprise! Billionaire Money Managers Are Selling Shares of Nvidia and Piling Into 2 Off-the-Radar Stock-Split Stocks.

Although artificial intelligence (AI) has been an exceptionally popular market trend that has helped power the growth-fueled Nasdaq Composite and benchmark S&P 500 to new heights, the enthusiasm shown by investors for stocks conducting splits has played an equally vital role in lifting select equities higher in 2024.A stock split allows a publicly traded company to adjust its share price and outstanding share count by the same factor. Splits are purely a cosmetic tool in the sense that they have no impact on a company's underlying operations or its market cap. Rather, they're designed to increase or decrease a company's share price, often with a very clear purpose.A reverse split aims to increase a company's share price, usually with the goal of maintaining its listing on a major stock exchange. Since this type of split is often conducted by struggling businesses, it's one that investors tend to shy away from.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool