Tesla and Apple Stock Split, Investors Crash Robinhood, Nothing Makes Sense

Tesla and Apple Stock Split, Investors Crash Robinhood, Nothing Makes Sense

4 years ago
Anonymous $UzyKJJH9oy

https://www.vice.com/en_us/article/3azeeb/tesla-and-apple-stock-split-investors-crash-robinhood-nothing-makes-sense

On Monday morning, multiple major trading platforms experienced issues processing stock trades—the same day Apple and Tesla stock splits went into effect.

A stock split is basically when a company breaks an individual share into more individual shares—breaking a $200 stock into four $50 pieces, for example. This move is usually done to make prices more attractive to "retail investors"—individual traders, not big institutional investors like universities, pensions, or hedge funds.

Tesla and Apple Stock Split, Investors Crash Robinhood, Nothing Makes Sense

Aug 31, 2020, 4:18pm UTC
https://www.vice.com/en_us/article/3azeeb/tesla-and-apple-stock-split-investors-crash-robinhood-nothing-makes-sense > On Monday morning, multiple major trading platforms experienced issues processing stock trades—the same day Apple and Tesla stock splits went into effect. > A stock split is basically when a company breaks an individual share into more individual shares—breaking a $200 stock into four $50 pieces, for example. This move is usually done to make prices more attractive to "retail investors"—individual traders, not big institutional investors like universities, pensions, or hedge funds.