AI Stock Splits Surge

This is a news story, published by Yahoo Finance, that relates primarily to Super Micro Computer news.

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stock split

The Motley Fool

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Step Aside, Nvidia: Billionaires Are Selling It in Favor of 2 Other High-Growth Stock-Split Stocks

Summary

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81% Informative

A stock split gives publicly traded companies the ability to superficially alter their share price and outstanding share count.

Since 2024 began, a little over a dozen leading businesses have announced or completed a stock split.

The outlook for some of these premier stock-split stocks is mixed among Wall Street's brightest and richest investors.

Super Micro Computer has a lot to prove to Wall Street and investors.

Supermicro 's net sales jumped 110% to $14.9 billion in fiscal 2024 (the company's fiscal year ends on June 30 ) Supermicro is the target of a short-seller report from Hindenburg Research , which has alleged accounting manipulation.

Seven billionaires took the plunge in the second quarter , including Ole Andreas Halvorsen of Viking Global Investors .

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