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stock splitThe Motley Fool
•Business
Business & Economics
78% Informative
A stock split is a cosmetic event that allows a publicly traded company to alter its share price and outstanding share count.
In 2024 , more than a dozen prominent businesses conducted a stock split -- only one was of the reverse variety.
The stock-split stock to confidently buy hand over fist in March : Sirius XM Holdings (NASDAQ: SIRI).
Supermicro completed a 10 -for-1 forward split following the close of trading on Sept. 30 .
Net sales surged by 110% to almost $15 billion in fiscal 2024 .
The customizable rack servers are in high demand as businesses aggressively spend on AI infrastructure to expand their high-compute data centers.
Supermicro runs the risk of being dragged down by the bursting of the AI bubble.
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