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Apple's Share Split Hits The Market Monday

IBTimes - 9 Jun 2014 17:31
Apple Inc.'s (NASDAQ:AAPL) 7-for-1 stock split set last month takes effect Monday, so don't freak out when you see the shares trading for under $100 when the market opens. According to a report on SeekingAlpha.com last month, the split is important because, "The psychological impact of the split cannot be ignored as it contributes more to the stock price than the mathematics behind the split." The author added that the split "will enhance the clientele of the stock and retail investors will have...
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