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Nominal stock prices are irrelevant. You can have 100 shares at $1 each or 10 shares at $10 each. Same thing. Companies sometimes split there shares (i.e. Red
by HappyTypist 11y ago
Nominal stock prices are irrelevant.
You can have 100 shares at $1 each or 10 shares at $10 each. Same thing.
Companies sometimes split there shares (i.e. Redenominate their units) just so it's easier to buy for individual investors.
What we are talking about is market capitalisation, I. E. Total share count x per share price.