Stock-Split Watch: Is TSMC Next?
TSMC(TSM) The Motley Fool·2024-10-23 20:00
Will the world's largest contract chipmaker split its high-flying stock?Many of the world's largest tech companies routinely split their stocks as their share prices rise. Splits don't make a stock fundamentally cheaper, since they simply cut its existing shares into smaller slices which trade at lower prices. So instead of buying a whole pizza for $20, you're simply getting a quarter of a slice for $5.Yet stock splits still attract a lot of attention from smaller investors who aren't willing to pay hundred ...