Robinhood Markets Inc. accidentally sold short on a small stock as it went on a meme-like ride in December, costing the trading app more than the stock’s current market capitalization, executives disc...
Tag: Reverse Stock Splits
Cosmos Health stock nearly triples after reverse stock split, then gives it all back in late trading
Cosmos Health Inc.’s stock price nearly tripled Friday as investors responded to the company’s reverse stock split, but those gains disappeared in after-hours trading. The Chicago-based company announ...
Tesla Stock-Price Targets Are Rising After the Split
Text size Wall Street thinks Tesla is worth roughly $900 billion, as implied by average price targets. Justin Sullivan/Getty Images Wall Street price targets for Tesla stock are creeping up after the ...
Tesla Stock Splits Today. Here’s What Could Happen Next.
Text size Tesla Patrick T. Fallon/AFP via Getty Images Tesla ’s three-for-one stock split has arrived. And shares are up since the company declared the split in early August. Now the question is what ...
When Is Tesla’s Stock Split, and What Does It Mean for Investors?
Tesla will split its stock this week, the latest megacap company to divide its highly priced shares this year in a bid to make them more accessible to investors. Stock splits have declined in populari...
What Investors Need to Know About AMC’s APE Units: A Stock ‘Split on Steroids’
Updated Aug. 17, 2022 4:35 pm ET Listen to article (1 minute) AMC Entertainment Holdings Inc. outlined plans this month to issue a special dividend, sending its shares soaring and stoking enthusiasm a...
Want a Deal on Tesla Stock? Become an Employee.
Text size Tesla’s employee stock purchase plan allows workers to purchase shares with up to 15% of their total compensation at 85% of the prevailing stock price. Andrew Caballero-Reynolds/AFP vi...
Tesla Stock Is Splitting. When It Takes Effect and Everything Else to Know.
Text size Tesla stock will begin trading at a 3-for-1 split-adjusted price on Aug. 25. Justin Sullivan/Getty Images Tesla has given investors something to look forward to: The electric-vehicle giant a...
GameStop Stock Is Splitting to $38. Trading Starts Today.
Text size GameStop has been hit hard as more people download games rather than using physical discs. Justin Sullivan/Getty Images The GameStop saga is set to take another turn on Friday when shares be...
GameStop Stock Is Splitting to $38. Trading Starts Friday.
Text size GameStop has been hit hard as more people download games rather than using physical discs. Justin Sullivan/Getty Images The GameStop saga is set to take another turn on Friday when shares be...
Sundial Growers to seek shareholder approval for share consolidation
Sundial Growers Inc. SNDL, +3.43% said it planned to seek shareholder approval for a share consolidation at an upcoming annual and special meeting of shareholders on July 21. The cannabis company said...
GameStop Will Split Its Stock. What Amazon and Google Suggest Happens Next.
Text size GameStop’s stock split will take effect this month. Justin Sullivan/Getty Images GameStop was flying on Thursday, but this time it was a stock split—and not a meme-driven frenzy—sendin...
Shopify Shareholders Approve 10-for-1 Stock Split
Text size Shopify is the latest tech company to split its stock. Dreamstime The stock split trend continues. Shopify (ticker: SHOP ) shareholders on Tuesday approved a 10-for-1 split, along with the i...
Amazon’s Stock Split Is Coming. Watch Tesla and Google for More.
Text size Amazon stock was at $2,423.06, or a little over $121 on a post-split basis, on Wednesday. Stefani Reynolds/AFP via Getty Images It could be a stock-split summer on Wall Street. Some of a flu...
Amazon Announces 20-for-1 Stock Split and $10 Billion Buyback Plan
Text size Amazon shares are up more than 6% on the news in after-hours trading. Bloomberg Amazon . com shares are moving sharply higher in after-hours trading after the e-commerce and cloud-computing ...
After Alphabet’s Stock Split, Amazon and Others Look Ripe to Split Shares
Text size Amazon, Chipotle, and others could be candidates for splitting their stocks. Noah Seelam/AFP via Getty Images Alphabet recently announced it is splitting its stock. It probably won’t be the ...
Opinion: Google is finally splitting its stock; will Amazon be next, leading to a Dow shakeup?
Alphabet Inc. is finally carving into its gargantuan stock price with a stock split, which leaves only one Big Tech company remaining with a huge per-share price despite an easy avenue to change it. A...
Why AT&T May Be Leaning Toward a Spinoff of Its Discovery Stake
AT&T may be leaning toward a straightforward spinoff of the 71% stake in the new Warner Bros. Discovery in the coming months rather than a complex “split-off,” or exchange offer. A transaction in ...
AT&T Stung Investors by Spinning Off Warner Bros. Discovery
AT&T ‘s April decision to parcel out its big interest in Warner Bros. Discovery to all shareholders, rather than giving them the option of receiving an equivalent amount of the phone company’s sto...