Apple - Rumor stock split - Good or bad?
Tech stocks rose Tuesday, with Apple Inc. among the gainers as rumors circulated that the company might announce a stock split at its annual shareholders’ meeting.
Apple AAPL -0.19% rose 1.4% to close at $448.97 as speculation rose about the possibility of the company announcing a stock split at its annual meeting on Wednesday. Apple officials didn’t immediately return requests for comment. Apple has done two-for-one stock splits three times in its history, with the most recent coming in February 2005