Apple split its stock. Here's how shares performed one year after previous splits. - Business Insider

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Apple just split its stock. Here's how shares have performed one year after its previous stock splits.

Investors of Apple received four shares for every one share held, resulting in its stock price being quartered from around $500 last week to about $125 today. quite well.

Apple's second 2-for-1 stock on June 21, 2000, was at the height of the dot-com bubble. One year after the split, shares were down 59.6%, underperforming the S&P 500's 16.4% decline during the same time period.

Apple's fourth stock split on June 9, 2014, which was 7 shares for 1, was followed by a 36.0% return over the next year. Shares handily outperformed the S&P 500's 6.6% return over the same time period.

 

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Tesla did it too... Thats money laundering,split stocks

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