Leaping Into Splits
A stock split occurs when companies agree to increase the number of outstanding shares. For example, if a stock is selling at $500/share and it agrees to do a 2:1 split, that means the new stock price will drop in half to $250, but I will get 2x the shares I had before. The value of my shares stays the same. One share at $500 is the same as two shares at $250/share.
Leaping Into Splits
June 8th, 2022 Leaping Into Splits First and foremost, thank you to all who attended the first Filthy Rich, Dirt Poor live event. I assure you, we DID practice several times and without fail, we went live yesterday with some technical issues. We will get it fixed for next time. And I’ve learned that I […]