Business
Apple, Tesla Shares Keep Rising After Stock Splits – The Wall Street Journal
Apple Inc. and Tesla Inc. shares rose to new heights Monday after their stock splits took effect, extending their meteoric rallies this year. Apple added $4.23, or 3.4%, to $129.04 after the tech giant’s shares began trading following a 4-for-1 split, essentially giving investors three more shares for every one they owned. Tesla shares jumped…
Apple Inc. and Tesla Inc. shares rose to new heights Monday after their stock splits took effect, extending their meteoric rallies this year.
Apple added $4.23, or 3.4%, to $129.04 after the tech giant’s shares began trading following a 4-for-1 split, essentially giving investors three more shares for every one they owned. Tesla shares jumped $55.64, or 13%, to $498.32 after the electric-vehicle maker’s 5-for-1 split. Both stocks closed at records.
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