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Today is the first trading day following Google's second stock split.

Today is the first trading day following Google's second stock split.
$Alphabet-A (GOOGL.US)$ 's parent company Alphabet will start trading at a split-adjusted price when markets open Monday morning, July 18, after the tech giant completed its 20-for-1 stock split at market close Friday. Investors who held shares at market close on July 1 were issued an additional 19 shares for each share owned -- a onetime "share dividend." Google shares, with the stock ticker abbreviation GOOGL, closed at $2,235.55 on Friday, so they are expected to open at roughly one-twentieth of that price -- around $110.
What are some significant splits in recent years?
$GameStop (GME.US)$ confirmed a 4-for-1 stock split on July 6. Investors who own shares by market close on July 18 will be issued new shares on July 21.
$Alphabet-C (GOOG.US)$ $Alphabet-A (GOOGL.US)$ 's parent company Alphabet announced a 20-for-1 split on Feb. 1. Investors will receive their additional shares on July 15.
$Amazon (AMZN.US)$ announced a 20-for-1 stock split and $10 billion stock buyback plan on March 9. Investors who owned shares at the close of trading May 27 had their stock split on June 6.
$Tesla (TSLA.US)$ proposed a stock split on March 28, later confirming intentions for a 3-for-1 split. The shareholders will vote on the plan on Aug. 4. This would be Tesla's second stock split in recent years, after its 5-for-1 split in August 2020.
$NVIDIA (NVDA.US)$ had a 4-for-1 stock split on July 20, 2021.
$Apple (AAPL.US)$ had a 4-for-1 stock split in August 2020. It was the fifth time in the company's history since going public.

What do stock splits mean for current and future investors?
In theory, investors shouldn't gain or lose any share value due to a stock split. But in reality, this doesn't always happen.
Stocks that split gained an average of 25% over the following 12 months, compared to a 9% gain in a non-split, benchmark index, according to Bank of America research reported by Reuters. This additional 16% may be attributable to organic growth, as companies that split their stock generally do so based on likely future financial success.
Stock splits also open up the market for newer investors to buy shares at a lower price. Investors who might have previously been priced out of popular industries or companies may have the opportunity to invest after a stock split.
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