Text size Michael M. Santiago / Getty Images It’s like the bear market never happened. And maybe just did that. The stock market had another good week, with the S&P 500 index ending 0.6% to 3372.85; the Dow Jones industrial average rose 497.54 points, or 1.8%, to 27,931.02; and the …
Read More »Overpriced technical sector could see more stock splits
Two weeks ago was America’s largest American maker, Apple Inc. (NASDAQ: AAPL), announced a 4-for-1 action split that will be executed in late August. Apple said it was pulling the trigger… to attract new investors“Shortly after delivering a blowout quarter, its $ 26.4 billion iPhone sales surpassed analysts’ expectations by …
Read More »What does our smart money tell us?
Stock market display screenshot on the street with stock market crash sell-off in red … [+] color getty The US stock market has been flirting with record highs this week, and this has caused a lot of nerves among investors. One of the reasons stock traders have been feeling jittery …
Read More »Tesla has increased 20% since announcing a stock split 2 days ago (TSLA)
Reuters Tesla has been rallying since announcing on Tuesday that it would end a 5-for-1 action split in late August. Shares of motorist jumped 13% on Wednesday and climbed as much as 6% on Thursday. The stock split does not fundamentally change the company, but should appeal to smaller investors. …
Read More »Tesla share increases after Elon Musk announced share split
Tesla shares went into premarital trading on Wednesday after Elon Musk’s electric car maker announced a 5-for-1 action split. The company plans to give investors five shares of stock for each share it owns on August 28th. In an effort “to make shareholders more accessible to employees and investors,” it …
Read More »