Which of These Stocks Has Been the Best Post-Split Buy? – Yahoo Finance
Stock splits have been relatively common in the market over the last several years, with companies aiming to boost liquidity within shares and knock down barriers for potential investors.
Of course, it’s important to remember that a split doesn’t directly impact a company’s financial standing or performance.
Over the last year, several companies performed splits, including notable market titans such as Alphabet GOOGL, Amazon AMZN, Shopify SHOP, and Tesla TSLA.
It raises a valid question: how do the companies currently stack up? Let’s take a closer look.
Tesla
All investors are familiar with Tesla, the undisputed EV leader and one of the best-performing stocks over the last decade. Currently, the stock is a Zacks Rank #3 (Hold).
In June of 2022, the mega-popular EV manufacturer announced a three-for-one stock split; shares began trading on a split-adjusted basis on August 25th, 2022.
Since the split, TSLA shares have lost nearly 40% in value, widely underperforming relative to the…
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source: https://news.oneseocompany.com/2023/04/12/which-of-these-stocks-has-been-the-best-post-split-buy-yahoo-finance_2023041243437.html
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