Walmart Leads Wave of Potential Stock Splits for Large Cap Companies
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Walmart (WMT) recently announced a 3-for-1 stock split to make shares more affordable for employees and boost trading liquidity. The split takes effect in February 2024.
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Booking Holdings (BKNG) and Broadcom (AVGO) are two other large cap stocks that may split their shares soon to make them more accessible to investors.
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Chipotle Mexican Grill (CMG) is trading above $2,400 per share and has never split its stock, making it a prime candidate for a split.
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CrowdStrike Holdings (CRWD) has seen triple digit share price growth over the past year. Its high valuation could prompt a split to improve liquidity.
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Super Micro Computer (SMCI) has surged nearly 600% in the past 12 months to above $550 per share, while never undergoing a split, suggesting management may approve one.