The 3 Best-Performing Stock-Split Stocks of 2024 So Far -- and Nvidia Doesn't Top the List

Everyone knows that slicing a pizza into six or eight pieces doesn't provide more food than slicing it into four pieces. Such slicing is basically what stock splits do.However, stock splits can sometimes attract new investors who otherwise wouldn't have bought the stock. And this can drive the share price higher. We've perhaps seen this phenomenon in effect this year with several high-profile stock splits. Here are the three best-performing stock-split stocks of 2024 so far.Hong Kong-based online financial services and healthcare platform operator AGBA Group Holding Ltd. (NASDAQ: AGBA) might win the award for the most unusual stock split of the year. On Oct. 2, 2024, the company conducted a 122-for-63 stock split earlier this month with shares beginning trading on a split-adjusted basis on Oct. 2. AGBA shareholders also voted on Sept. 19, 2024, to authorize the company's board of directors to conduct a reverse stock split in the range of 1-for-1.5 to 1-for-20.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool