Broadcom announces 10-for-1 stock split on July 12, following Nvidia and Chipotle Mexican Grill.
Broadcom's 10-for-1 stock split is set for July 12, making its shares more accessible to a wider range of investors. The semiconductor and networking company has seen its shares climb 500% in five years, trading above $1,700. The split follows similar moves by Nvidia and Chipotle Mexican Grill. The stock split comes as Broadcom's revenue has benefited from artificial intelligence demand.
July 08, 2024
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