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Alphabet move explained Google’s parent company confirmed a rare 20-for-1 stock split on Tuesday (February 1st 2022) after it reported record fourth-quarter earnings. Alphabet chief financial.

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The split will likely make GOOG stock much more attractive to retail investors By Larry Ramer, InvestorPlace Contributor Jul 15, 2022, 11:27 am EDT Alphabet ( GOOG, GOOGL) stock is slated to split. Amazon and Alphabet split their shares 20-for-1, with Shopify enacting a 10-for-1 split. The following four high-flying stocks could be next to follow in their footsteps.

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Before the split, Apple's stock was trading at a price of $645.57 per share. So after the split, the price was 645.57/7 = $92.70 per share. Apple's outstanding shares increased from 861 million shares to 6 billion shares while its market cap stayed around $556 billion. Shareholders who owned 1,000 shares would now own 7,000 shares.

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The shares rose more than 8% on the news on Feb. 2 when they approached $3,000. The 20-for-1 split outdoes recent stock splits from Apple and Tesla, which split 4-for-1 and 5-for-1 respectively on. And yet, though the upcoming Google stock split won't create an immediate change in the company's value, it does carry a few benefits. First up is signaling. Stock splits are a sign of growth.

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Find out which publicly traded stocks are splitting each month, the split ratio, and the split ex-date as of June 1, 2022. Stock Split Calendar as of June 1, 2022 -.

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Green Data Dash. . Stay on top of the electric car revolution by signing up to our Hyperdrive newsletter here. Tesla hosts its annual meeting. 2 stock splits made headlines so far in 2022 On Feb. 2, Google parent company Alphabet announced a 20-for-1 stock split alongside its latest earnings report. The stock rose 7.5% in the following.

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Alphabet Inc. ( NASDAQ:GOOG - Get Rating) shares are scheduled to split before the market opens on Monday, July 18th. The 20-1 split was announced on Tuesday, February 1st. The newly issued shares will be issued to shareholders after the market closes on Friday, July 15th. Shares of Alphabet stock opened at $2,181.62 on Friday.

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Based on the data compiled by TipRanks on 18 July 2022, 29 Wall Street analysts rated the stock a ‘buy’. Their consensus 12-month Google stock price target was the split-adjusted $153.35, with the price projection varying from a low of $131.80 to a high of $205.90.

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