What the Stock Split by Google’s Parent, Alphabet, Means

What the Stock Split by Google’s Parent, Alphabet, Means

Google parent

Alphabet Inc.


GOOG 1.61%

said on Feb. 1 that it will enact a 20-for-1 stock split, giving shareholders 19 more shares for every one they own. 

Stock splits had fallen out of favor over the last two decades. But since the pandemic Apple Inc.,

Tesla Inc.

and now Alphabet have revived the practice in an effort to make their shares more affordable for individual…


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