Is an AMD Stock Split Likely After Aug. 4?
Even if the chipmaker reports stellar results, the odds of a stock split in 2026 are low.
Overview
On Aug. 4, Advanced Micro Devices (NASDAQ: AMD) will announce its second-quarter earnings results. Management has guided for revenue in the range of $10.9 billion to $11.5 billion.
That earnings report is coming at a time when companies in the artificial intelligence (AI) space have experienced a sell-off, but those stocks are showing signs of a rebound. A strong earnings report from AMD could both boost its stock price and further fuel the broader sector's rally.
Details
AMD is already trading well above $500 per share. If the stock price keeps rising, shareholders may wonder if a stock split could be on the table.
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.