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24/7 Wall St. on MSNThis Magnificent Seven Stock Will Be Next to Split Its StockThis is when the management considers a stock split. It divides the existing shares into multiple shares and it increases the ...
In June 2021, General Electric announced a 1-for-8 reverse stock split to reduce its share count and raise its price. According to the press release announcing the reverse split, "GE plans to file ...
This stock can keep climbing higher even if management doesn't announce a stock split this year. When a company's stock splits, it doesn't change any of the underlying fundamentals of the company.
Though it has leveled off in recent weeks, the stock remains up by more ... is up more than 20 percent from the April split — and the aerospace business was GE’s crown jewel.
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