Stock Splits Are Back. So Is the Debate Over Whether They Matter
- Splits reported in the past 12 months are most in six years
- Trend has revived arguments about the merit of doing a split
Photographer: d3sign/Moment/Getty Images
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Stock splits are back in vogue among big U.S. companies, reviving a debate about whether the practice that had fallen out of favor for years is worth the fuss.
Last week, Nvidia Corp. became the eighth company in the S&P 500 Index to announce a split in the past year, joining big names like Apple Inc. and Tesla Inc. That’s the most over a comparable period in six years, according to data compiled by Bloomberg.