I had thrown this one out a few days ago hoping for insights that never came, in anticipation of Tsla's split which was announced yesterday.
Seems to me that fractional trading is a boon to brokerage houses yet does a disservice to those companies wishing to use stock splits in their strategy.
I hope that in the case of Tesla, the announced 5 to 1 split will 1. Speed up its inclusion in the S&P 500 and 2. Encourage fractional buyers to buy whole shares and thus increase value.
Thoughts?