Two-for-One Stock Split

Check Out: Two-for-One Stock Split

If you own one share of Apple stock the board will split the price and give you two. Sometimes stock splits drive up the stock price as the stock appears to be more affordable. Most sites state stock splits benefit stockholders by creating a wider distribution for the common stock and making it easier to market. Makes sense to some degree, but nowadays online brokers charge per transaction and not per stock or for a value of a stock. So whether you buy 10 shares of a $50 stock or one share of a $500 stock you're going to get hit with the same $9.95 fee. However if you only have $200 to spend on stock you could buy your shares instead of having to wait another month or two.