The Dow Jones Industrial Average will see a handful of significant changes on Monday morning, but that, perhaps, change in how it will be calculated, will be the most important for Wall Street in the near term. Starting Monday’s opening, the so-called divisor – the figure used to determine the …
Read More »Learn 5 things about Tesla beyond its 5-for-1 stock split
Tesla Inc. The shares will start trading on Monday after a 5-for-1 stock split. Tesla TSLA, -1.08% The split was announced on August 11, saying it would “make share ownership more accessible to employees and investors.” Dividends of four additional shares of common stock for each subsequent share will be …
Read More »Why Apple’s Stock Division Won’t Help The Dow
Text size Mladen Antonov / AFP via Getty Images Apple’s 4-for-1 stock split will greatly diminish its influence on the Dow Jones Industrial Average, where the iPhone maker now has the highest weight and the biggest positive influence this year. Apple (ticker: AAPL), whose shares ended Thursday at $ 384.76, …
Read More »Apple shares top $ 400 in strong quarterly earnings and division 4 for 1
Apple shares soared to an all-time high in after-hours trading, crossing the $ 400 level for the first time, after the company released second-quarter results that crushed Street estimates, and announced a stock split. 4 for 1. Apple (AAPL) reported revenue for its fiscal third quarter ended June 30 of …
Read More »How Apple’s stock split will change hierarchical order in the 124-year-old Dow
Apple Inc. is planning a 4-for-1 stock split and has major implications for the Dow Jones Industrial Average, of which it is a key component. The iPhone maker announced Thursday that its board approved the stock split. The division will affect registered owners beginning August 24 and Apple AAPL shares, …
Read More »