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Re: CIMA7 post# 105230

Friday, 12/23/2016 12:34:20 AM

Friday, December 23, 2016 12:34:20 AM

Post# of 233548
Someone on the board recently stated that Apple did a stock split in order to reach more investors. The real reason behind Apple's split was to become a component of the Dow. Dow stocks have to be priced similarly to the other component stocks since it is a price weighted index.

http://www.marketwatch.com/story/will-2015-be-apples-blue-chip-debut-2014-12-15
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