iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Rumors Swirl Over Apple Splitting Their Stock

“Here are your Apple rumors and AAPL news items for today:

Apple to Double Its Shares: A Bernstein Research analyst says that Apple(NASDAQ:AAPLmay be planning a stock split,Forbes notes. The split could make it easier for Apple to be included in the Dow Jones Industrial Average, which is weighted by share price and contains only two companies with shares north of $100, Chevron (NYSE:CVX) and IBM (NYSE:IBM). Apple stock has split — on a 2-for-1 share basis – three times in the past, in 1987, 2000 and 2005.”

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