Gilead Approves 2-For-1 Stock Split
AP
FOSTER CITY, Calif. (AP) - Biotech company Gilead Sciences Inc. on Tuesday said its board approved a two-for-one stock split.
Stockholders of record on May 24 will receive a dividend of one additional share for every one they own. Gilead's stock will begin trading at the post-split price on June 25.
----------------------
IMO, this is a good call play as forward splits of a good company usually go up for a couple weeks after the announcement. Then they level off or drop a little. After the split they go up a bit more than level off again and that's when you sell them.
G' day Mates,
Aussie
Australia is a beautiful place with wonderful people that just love Americans. You've got to go there some day. Give it a go Mate.