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Reminder: 7-1 AAPL stock split takes effect today

Screenshot 2014-06-09 07.03.48


Apple’s first stock split since 2005 takes effect today, but the computers that track the stock price often forget to take that into consideration (above).

Why the 7-1 split? The lower buying price may open the door to more investments from smaller investors, and the ~$100 price would let it major indices list AAPL, opening the door to more investment.  Expand