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Why Cannabis Co. Tilray (TLRY) Is Trading Down Today
Thursday, April 17, 2025 - 12:48pm | 416Tilray Brands Inc. (NASDAQ:TLRY) shares slipped 6.8% on Thursday afternoon after the cannabis and beverage company proposed a reverse stock split that would significantly reduce its number of shares outstanding. In a notice to investors, Tilray said it would hold a special shareholder meeting on...
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Zepbound, Mounjaro Maker Eli Lilly Climbs In Wednesday Pre-Market As Impressive 51% YTD Gain Sparks Stock Split Speculation
Wednesday, October 30, 2024 - 5:01am | 425Eli Lilly And Co (NYSE:LLY) experienced a 1.37% increase in pre-market trading on Wednesday, as per Benzinga Pro. This uptick occurs as the company gears up to announce its third-quarter earnings. Wall Street analysts are forecasting earnings per share of $1.45 and revenues of $12.1 billion. What...
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Costco Is In Prime Stock Split Territory: Will It Follow Walmart's Lead?
Wednesday, July 24, 2024 - 3:04pm | 481Costco Wholesale Corp (NASDAQ:COST) share price has been on a remarkable ascent, trading above $800. This puts the retail giant in prime stock-split territory. Historically, stock splits occur after substantial price increases, and Costco’s impressive growth makes it a noteworthy candidate...
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If You Invested $1000 In MicroStrategy Shares 22 Years Ago After Last Stock Split, Here's How Much You'd Have Now
Friday, July 12, 2024 - 7:00am | 420MicroStrategy Inc. (NASDAQ:MSTR) announced a 10-for-1 stock split Thursday in a bid to make its shares more appealing to investors. The Michael Saylor co-founded firm brands itself as the world's first Bitcoin (CRYPTO: BTC) development company and its stock moves in tandem with the the...
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Nvidia, Apple And Microsoft Topped By Burrito Chain? Chipotle Worth $4 Trillion In Stock Split Error (CORRECTED)
Tuesday, June 25, 2024 - 11:32am | 517Editor’s note: This story has been corrected to remove an incorrect statement about Chipotle Mexican Grill’s market cap and to make the language regarding Chipotle’s market cap clearer. The battle for the world's most valuable public company took a turn last week with NVIDIA...
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Nvidia Stock Split: What Investors Need To Know, What Past History Shows, What's Next For Chip Giant
Friday, June 7, 2024 - 12:26pm | 839Shares of semiconductor giant NVIDIA Corporation (NASDAQ:NVDA) are splitting 10-for-1 on Friday after market close. The Santa Clara, California-based company announced the move during its recent quarterly earnings report. The Nvidia stock split will make shares more accessible to employees and...
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Chipotle's Shares Hit Record Highs After Fast Food Company Announces First-Ever 50:1 Stock Split
Tuesday, March 19, 2024 - 9:31pm | 569Chipotle Mexican Grill Inc. (NYSE:CMG) has declared its first-ever stock split, leading to a significant surge in its stock price. What Happened: The company’s board approved a 50:1 split of common shares, which will be one of the most substantial stock splits in the history of the New York...
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WeWork? No, WeSplit. Meme Stock Files For 1-40 Reverse Split
Friday, August 18, 2023 - 10:13am | 366WeWork Inc (NYSE:WE) on Friday announced intentions to undergo a 1-for-40 reverse stock split for its Class A and Class C Common Stock. What Happened: The decision aims to elevate the company’s per-share price and ensure adherence to the New York Stock Exchange’s $1 per share minimum...
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Is A Netflix Stock Split A Good Idea?
Thursday, April 16, 2015 - 3:12pm | 504Netflix, Inc. (NASDAQ: NFLX) has indicated that it might issue a massive stock split. Investors are already happy with the stock's current performance, so is a split really necessary? "Yeah, it's a good idea," Needham analyst Laura Martin told Benzinga. "Usually stocks go...
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Netflix Proposes Stock Split, Giant Boost In Authorized Shares
Friday, April 10, 2015 - 5:31pm | 248Netflix, Inc. (NASDAQ: NFLX) proposed a vast increase in the number of its authorized shares, promising a stock split to sweeten the pot. In a proxy statement filed late Friday, the company proposed boosting authorized shares to 5 billion from 170 million. If increase is approved by...
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Market Wrap For March 17: Investors Focused On Economic Data Instead Of Crimea Concerns
Monday, March 17, 2014 - 4:45pm | 2393U.S. stocks rose as investors focused on positive economic data rather than the tense situation in Ukraine. Economic reports showed that U.S. industrial production rose in February. President Obama imposed sanctions against Russian and Crimea officials following an election on Sunday which...
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Brin and Page Maintain Close Control of Google with Unconventional Stock Split
Monday, March 17, 2014 - 4:30pm | 273Google Inc.'s (NASDAQ: GOOG) upcoming unconventional stock split will enable Co-founder Sergey Brin and Larry Page to maintain close control over the company. The stock split will diminish shareholders voices and modify how the company is represented in the S&P 500 index. The Addition of...
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Cabot Oil & Gas Declares Stock Split, Lifts Dividend
Wednesday, January 4, 2012 - 8:35am | 65Cabot Oil & Gas Corp (NYSE: COG) reported that its board declared a two-for-one stock split for shareholders of record as of January 17. The additional shares will be distributed on January 25. Cabot also announced its plans to lift its annual dividend to $0.16 per share from $0.12 per share...