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Stock-Split Watch: Is Target Next?
Yogi Berra once said, “You better cut the pizza in four pieces because I’m not hungry enough to eat six.” Investors seem to love stock splits, even though splits don’t change any meaningful aspect of their holdings. Several high-profile companies recently have announced stock splits, including a 10-for-1 split from The Trade Desk (NASDAQ: TTD), and an upcoming 4-for-1 split by NVIDIA (NASDAQ: NVDA).