WEAR - Search Results
Apple stock now more affordable
Apple stock is now more affordable.
Apple is the most valuable company in the world but for the average investor, the stock has often been too expensive to touch.
But today, one share of Apple went from costing close to 647-dollars to about 93-dollars .
That's because the company is doing what's known as a stock split.
Apple is issuing more shares to existing investors in order to bring down the price of the stock.
The practice is a way of luring more individual investors to the table.