Why do companies split their stock? Am I really gaining anything as a shareholder when they do this? -A.V.
This is a timely question, because after a long dry spell we’ve recently seen several companies split their shares. Last week,...
by Bespoke Investment Group
March 21, 2011
Shares of Citigroup (C) are trading down 2% today after the company announced it would do a 1-10 reverse stock split and would then pay a one cent quarterly dividend. Many analysts are...
(Editor's Note: This story corrects a previous version which stated that Ball's stock price moved upwards of 100%. In fact, the stock was up less than 1%.)
BROOMFIELD, Colo. (TheStreet) -- Ball shares rose Wednesday after a stock...