Shares of Tesla spiked recently after the electric vehicle giant disclosed plans to enable a stock split, which would be the second one in two years.
The company’s only other stock split, a 5-to-1 split, took effect in 2020.
Amazon also recently approved a 20-for-1 split.
Who will be the next major player in the market to initiate a split?
Timestamps:
- TSLA 02:00
- AMZN 03:45