Will Micron Do a Stock Split Before the End of 2026?
Trading at over $1,000, Micron could do a 10-for-1 split and still end up trading at more than $100 afterward.
Overview
When stocks trade at high prices, there is a potential for a stock split. Micron Technology (NASDAQ:MU) has a share price of over $1,000 and has risen to more than $1,200 earlier this year. It could conceivably do a 10-for-1 split and still be priced at over $100, which may be more attractive to investors.
Is Micron likely to split its stock before the end of the year? Here's what I think will happen.
Image source: Getty Images.
Details
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Originally published at www.fool.com.
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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.