Shares of Apple fell more than 2% from its record on Wednesday, while Tesla also slipped from its all-time high, dropping 7%. The duo has enjoyed huge rallies following the announcements of their stock splits, which aim to lure more interest from regular investors.
Apple, the only U.S. company with a market cap over $2 trillion, soared nearly 40% since the tech giant declared the corporate action on July 30. Meanwhile, the electric car-maker skyrocketed more than 70% following the 5-for-1 stock split announcement on Aug. 11. Their splits took place on Monday, which sparked another knee-jerk pop in both stocks. Tesla jumped more than 12% that day, while Apple gained more than 3%.
A stock split theoretically could boost retail share ownership as the cheaper share price is more accessible for individual investors. However, it doesn't change a company's underlying fundamentals or the intrinsic value of its shares.
Source: Entertainment Trends (entertainmenttrends.net)
HighFreq. BlackBox trading always spikes—As the retail dumb$ & 401k trading other people’s$ gets in at the top. 🌷
The big boys started to cashout ..
The stock manipulation and gambling are turning into a big joke
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Popular trading platforms TD Ameritrade, Robinhood, others face outages as Tesla and Apple stocks splitUsers of a number of popular trading platforms on Monday were complaining of downed systems and an inability to trade, coming as two of the two most... Has nothing to do with AAPL & TSLA volume. Guess again Puta la weá
Source: MarketWatch - 🏆 3. / 97 Read more »
Apple, Tesla jump as stock splits take effectApple and Tesla rose sharply on Monday, the first day after their recently announced stock splits took effect. And the rich just got richer!!! FOMO is at play here. Honestly, we don't care.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: Apple, Tesla, Beyond Meat, Amazon & moreApple and Tesla rise after their stock splits and Beyond Meat gets a boost from an analyst upgrade. Is i5 the rôle of fed to be shareholder of apple ? amd rxt, shll, wkhs
Source: CNBC - 🏆 12. / 72 Read more »
Tesla jumps 10% as stock split takes effect, Apple gains 4%Apple and Tesla rose sharply on Monday, the first day of their stock splits. And in the meantime how many millions of Americans are unemployed? HighFreq. BlackBox trading always spikes—As the retail dumb$ & 401k trading other people’s$ gets in at the top. HeadFake—then wait for the SuckerPunch Wake up The enemy is at home ! militant mob Slogan Death to USA !
Source: CNBC - 🏆 12. / 72 Read more »
Apple and Tesla shares surge after stock splits kick inHigh-flying shares of Apple Inc and Tesla Inc surged again on Monday as stock splits took effect and attracted more buying from investors. Well Robinhooders have 4 and 5 times more money now to buy more shares. Are you looking a for a custom, unique, typography and minimal illustrated T-shirt design? provide me your name brand/quote/text, and I will create a minimalist typography and minimal illustrated shirt design for it! click here: I support Tesla coming to Austin. Maybe people will stop bbqing each other. If not 🤷♂️ only so much 1 man can do
Source: Reuters - 🏆 2. / 97 Read more »
Apple, Tesla Shares Keep Rising After Stock SplitsApple Inc. and Tesla Inc. shares rose to new heights Monday after their stock splits took effect, extending their meteoric rallies this year. The only thing that could derail these stocks is a US Congress that needs to reduce a $29 Trillion deficit. Its crazy. One lackluster quarter and Tesla will drop at least 50%. Tesla is the most overvalued stock of all time by far. It’s all free.
Source: WSJ - 🏆 98. / 63 Read more »