Meet Wall Street's Newest Stock-Split Stock -- an Industry-Leading Company That's Soared 2,100% Since Its IPO

In October, Wall Street celebrated the two-year anniversary of the current bull market. While the rise of artificial intelligence (AI) has played an undeniably important role in lifting Wall Street's major stock indexes to new heights, the excitement surrounding select stock splits in 2024 has been key, as well.A stock split is a tool publicly traded companies have at their disposal that allows them to superficially adjust their share price and outstanding share count by the same magnitude. These adjustments are cosmetic in the sense that they don't affect a company's market cap or in any way impact its operating performance.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool