Tag Archives: company

Apple, Tesla stock splits could encourage others

Text size Ina Fassbender / AFP via Getty Images After Apple and Tesla recently announced stock splits, shares of each accounted for nearly 20%. Given those large gains, investors can expect more companies to follow high-priced stocks. That can frustrate anyone who believes in market efficiency. Pins are not intended. …

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Stein Mart begins liquidation sales in all stores

JACKSONVILLE, Fla. Department store chain Stein Mart filed for bankruptcy on Wednesday after 112 years in business and announced that it will close most, if not all, of its stores. Stein Mart in Jacksonville has more than 280 stores in 30 states that specialize in clothing, shoes and pets at …

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