Nvidia and Broadcom Announced 10-for-1 Stock Splits. This Nasdaq-100 Stock Is Most Likely to Split Next.
What is the expected annual growth rate for Latin America's digital economy?
The expected annual growth rate for Latin America's digital economy is 23% over the next three years. This growth is driven by the increasing digitization of emerging economies and the acceleration of digital commerce in the region.
What is the purpose of a forward stock split?
A forward stock split is a corporate action that increases the number of shares outstanding by issuing more shares to current shareholders, without changing the company's market capitalization1. The purpose of a forward stock split is to reduce the share price, making the stock more affordable and accessible to a wider range of investors, potentially increasing trading liquidity.
Why is Booking Holdings unlikely to undergo a stock split?
Booking Holdings is unlikely to undergo a stock split because CEO Glenn Fogel opposes the idea5. He believes that the company's focus should be on its financial performance rather than the stock price. Additionally, Fogel doesn't want investors who are solely interested in stock splits to buy the stock.