4 ms·
Couldn’t NASDAQ have included in their contract that a company would have to split if it’s share price rose over a certain level?
by baron816 5y ago
Couldn’t NASDAQ have included in their contract that a company would have to split if it’s share price rose over a certain level?
- fuzzer37 5y agoI'd imagine they didn't think that a company would ever get above even 5 figures, much less 6. Buffet's refusal to split is also not normal.
- dmurray 5y agoI think they absolutely could, and the SEC would be OK with it, but BRK.A is listed on the NYSE, not the Nasdaq, so it doesn't have a contract with them. Like other US stocks, you can still trade it on other exchanges than the listing one.