by Anura Guruge
on August 6, 2024
Yes, it has come off its lofty highs earlier in the year — or for that matter, a few weeks ago. It has been as high as $1,229 this year! So today it is trading at half that.
A few weeks ago, I was still thinking 10:1 slit.
Doubt whether they would do that now. Would make the stock a tad too cheap.
This year we had both ‘Broadcom’ (AVGO) & ‘NVDA‘ do splits (though it hasn’t done great guns for the stock).
IF they announce a split it will not be a surprise. Most will find it boringly predictable.
Would be good for option traders.
We will know in just a couple of hours. SMILE.
