Since its 1980 IPO, Apple has had five stock splits to adjust share prices for management and repurchases. Stock splits do not change Apple's market cap but have historically increased investor ...

Apple’s (AAPL) stock began trading this morning at its new split-adjusted price of $124.81, and immediately began trading higher following the opening bell. The stock ended the day at $129.04 ...

This is Apple’s fifth stock split since going public. And previous splits have been a hit with investors. In June 2014, following a seven-for-one stock split , Apple shares were trading at $94.

Apple (NASDAQ: AAPL) has split its stock five times since its IPO in 1980. It executed three 2-for-1 splits in 1987, 2000, and 2005, a 7-for-1 split in 2014, and a 4-for-1 split in 2020.

But don’t worry, Apple fans, the price drop could be a good thing for the iPhone maker’s value. The nominal decline was the result of a 7-for-1 stock split the company announced in April.