INVESTING: Tip: Disregard stock splits
INVESTING: Tip: Disregard stock splits
Matt Krantz financial markets reporter at USA Today answers questions e-mailed to him at Q: Why isn’t Wal-Mart splitting its stock as it has done routinely in the past? A: The share price by itself is essentially meaningless when trying to determine how expensive a stock is. Wal-Mart has split its stock 11 times since going public in 1970.