Stock splits are hot trend on Wall Street, but MicroStrategy's split raises concerns

From Nasdaq
July 15, 2024 4:41 am:

Stock splits are becoming a hot trend on Wall Street, with companies adjusting share prices and counts. Forward-stock splits make shares more affordable, while reverse splits boost prices. High-performers often see value in splits, but not all are worth buying. Mitsui, Williams-Sonoma, and Broadcom announced stock splits in July, but MicroStrategy’s split raises concerns due to inflated Bitcoin assets and declining software sales. Investors should think twice before investing in MicroStrategy.

Read more at Nasdaq: Wall Street’s Newest Stock-Split Stock Should Be Avoided Like the Plague — and I’m Not Talking About Broadcom