New Personal Finance
Friday, 7/3, 11:46 PM
What Is a Stock Split? Why a Company Divides Its Shares — and What It Doesn't Change
- When a company does a stock split, its share price drops and the number of shares jumps — but the value of your holding doesn't budge.
- It's one of the most misunderstood corporate moves.
- Here's what a split actually does, and what it doesn't.