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: 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...
Palo Alto Networks stock rallies on yet another beat-and-raise quarter
Palo Alto Networks Inc. shares rallied in the extended session Thursday after the cybersecurity company added another consecutive beat-and-raise quarter to its collection, and possibly renewed its M&a...
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...
Palo Alto Networks stock leaps following strong outlook that CEO terms ‘prudent’
Palo Alto Networks Inc. shares surged in the extended session Monday after the cybersecurity company not only said its forecast, which topped Wall Street estimates, was “prudent” given macroeconomic u...
Palo Alto Networks Stock Soars on Strong Earnings and Three-for-One Stock Split
Text size Palo Alto Networks has followed other high-profile tech companies in splitting its stock. David Paul Morris/Bloomberg Demonstrating the continued strong demand for cybersecurity software, Pa...
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...
It’s the Record Date for the Tesla Stock Split. What That Means.
Text size Tesla is about to split the stock three for one on Aug. 24. Shares will trade at the new price on Aug. 25. Patrick T. Fallon/AFP via Getty Images The Tesla three-for-one stock split is appro...
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...
When Is Tesla’s 3-for-1 Stock Split?
Illustration by Elias Stein Text size Tesla has given investors something to look forward to this coming week: a three-for-one stock split. As of the close of trading on Aug. 24, Tesla shareholders wi...
Tesla’s Stock Will Split on Aug. 24
Illustration by Elias Stein Text size Tesla has given investors something to look forward to this coming week: a three-for-one stock split. As of the close of trading on Aug. 24, Tesla shareholders wi...
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...
Musk Thinks Tesla Can Be World’s Most Valuable. Stock Split Is Part of the Plan.
Text size Spencer Platt/Getty Images Tesla ’s 2022 annual shareholder meeting has wrapped up. Investors voted on several issues, including an item that authorizes a higher number of shares outstanding...
Tesla Stock Falls After a Blowout July as Vote on Stock Split Looms
Text size Tesla’s shareholder meeting is on Thursday. Nicolas Asfouri/AFP via Getty Images Tesla stock was slipping back Tuesday amid a wider dip in stock markets as a crucial shareholder meetin...
Alphabet, Amazon Look Ready to Join the Dow After Stock Splits
Text size Sundar Pichai, CEO of Alphabet. Kyle Grillot/Bloomberg The recent stock split by Alphabet could pave the way for the search giant and Amazon . com to join the Dow Jones Industrial Average . ...
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...
Opinion: As Snap melts down, its founders make sure to protect the people who matter: themselves
Snap Inc. has never been an investor-friendly company — as long as those investors weren’t its founders, at least — and the parent company of the Snapchat app made that even clearer Thursday. Amid a m...
Snap Plans to Split Its Stock. There’s a Big Caveat.
Text size Snap co-founders Bobby Murphy (left) and Evan Spiegel (center) at the Snap IPO in 2017. Drew Angerer/Getty Images Snap intends to split its stock—if it can more than triple in price. The Sna...
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...
Google’s stock split won’t matter in a recession, analyst says
Shares of Alphabet Inc. slumped Monday, with MKM Partners analyst Rohit Kulkarni saying the impact of an economic slowdown could offset the benefits from the long-waited stock split taking effect. The...
Google Parent Alphabet Starts Trading at Split-Adjusted Price
Text size Dividing up the shares of Google-parent Alphabet should make them easier for investors to buy. Dreamstime Shares of Google parent Alphabet start trading at a new price today after the stock ...
What big Wall Street banks say about where the S&P 500 will end 2022
The stock market has steadied at midyear, but after a historically ugly six months that saw the S&P 500 enter bear territory, big Wall Street banks offer diverging views on where equities are like...
Reddit Traders Haven’t Given Up on GameStop. Neither Have Short Sellers.
Text size GameStop announced a stock split, a CFO departure, and layoffs this week. Spencer Platt/Getty Images GameStop was back in the news this week after the company announced a stock split, a CFO ...
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...
GameStop Shares Rise After Board Declares 4-for-1 Stock Split
GameStop declared a 4-for-1 stock split Wednesday, sending shares of the videogame retailer higher in after-hours trading. The Grapevine, Texas-based company proposed a stock split in March, although...
Kellogg Plans to Split Into 3 Companies. The Stock Is Spiking.
Text size Kellogg’s Global Snacking business will be the largest of the three companies, with net sales of about $11.4 billion. Gabby Jones/Bloomberg Kellogg stock was rising on Tuesday after th...
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...
Google investors shoot down racial-equity audit while approving stock split
Alphabet Inc. investors rejected 17 shareholder proposals at the Google parent company’s annual meeting Wednesday, including a racial-equity audit, but approved a company proposal to increase the shar...
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...