These two guys are two juggernauts in the market and I still can't understand why these companies still haven't split their stocks?! 
Why don't they just split the stocks? ($AMZN $GOOG)
- Thread starter felixbocharov
- Start date
I hope not ....... option traders need $500+ stocks such as GOOGL, AMZN, PCLN.
I can't imagine how frustrated you must be with BRK/A. It has never split.
https://www.google.com/?ion=1&espv=2#q=brk/a
https://www.google.com/?ion=1&espv=2#q=brk/a
I guess someone forgot to tell them they should run their businesses for the convenience of daytraders...
These two guys are two juggernauts in the market and I still can't understand why these companies still haven't split their stocks?!
Perhaps not recently, however BOTH have already split their shares.
When Google split its shares, it simply created a new class of shares without voting rights. If it hadn't, the stock price would currently be well over $1,400 per share.
http://www.fool.com/investing/2016/07/11/google-stock-split-history-the-most-controversial.aspx
AMZN has already had THREE splits, but not recently.
https://www.stocksplithistory.com/amazon-com/
Apparently, Facebook is contemplating a similar structure to split its shares whereby it would create a new class of shares without voting rights, similar to what Google did.
These two guys are two juggernauts in the market and I still can't understand why these companies still haven't split their stocks?!
They want to keep the shares in the hands of institutional buyers....
why is that?I hope not ....... option traders need $500+ stocks such as GOOGL, AMZN, PCLN.
A $.05 change in GOOGL represents a far smaller percent change in the underlying than a $.05 change in the price of a $5 stock. Min tick sizes in options are one of the few legitimate reasons for reverse stock splits.