http://blogs.wsj.com/moneybeat/2014/04/23/apples-7-for-1-stock-split-is-very-unusual/?mod=yahoo_hs
What is my take ? Smart move on the part of AAPL. This makes the stock affordable to a heck of a lot more and also gives them the ability to book profits or take losses on a portion of their investment etc. This will increase the demand for stocks in the short run, and like anything else as demand goes up the price will go up creating an upward momentum. Yes, in the long run other things remaining the same, this effect will
get set back since valuation will determine price, but in the short run it is good. More importantly, with a very large number of stock holders, a small few cannot exert all kinds of pressures like what happened with AAPL. Will Google take note or can a similar move even help Google, given they have a very different governance structure altogether?
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