Tesla on Monday announced its intentions to split its stock for the second time in two years. The stock split — though not official just yet — would result in a lower price for Tesla shares. Amazon and Google will both be splitting shares 20-to-1 (June 3 and July 1) We don’t yet know what Tesla’s split ratio will be or when the split will occur. We’ll explain what a stock split is, how it affects investors and the share price and why companies would be interested in pursuing a such a move. A stock split divides existing shares into smaller pieces, causing the total count to go up to go down to a total of about 50,000, or less than 1,000 shares in circulation. The split is an uncommon occurrence. . . .
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