What Tesla’s Stock Split Means for You
Big news! Tesla (Nasdaq: TSLA) stock has split 3-for-1.
What this means is pretty simple: For every share of Tesla you hold, you now own two more.
The split also impacted the price. Whereas Tesla was trading around $800 on Wednesday, by Thursday’s close, it was closer to $294.
But apart from that, what exactly does this mean for the stock? And if you’re holding, how will this affect your position long-term?
I have you covered!
In today’s Winning Investor Daily video, I’m diving into the data. I’m looking at research about stocks that have split — and how they’ve performed over time.
It’s all right here in your 6-minute video. Check it out:
(If you’d prefer to read a transcript, click here.)
And don’t forget — we want to hear from you!
Write to WinningInvestorDaily@Banyanhill.com and tell us:
- Did you buy Tesla before the split?
- And if so, are you holding through the split?
That’s all for now, but make sure to tune back in tomorrow for our Saturday wrap-up. I don’t want to spoil the fun, but I’ll just say that it’s going to be rad.
Editor, Strategic Fortunes
My career on Wall Street started while I was in college. I spent a summer interning for Merrill Lynch in the middle of the ‘90s bull market. I was fascinated with trading, and as a result, after college, I joined Salomon Brothers in the famed mortgage bond trading department. Later, I spent time at Citigroup working with credit derivatives. Eventually, I needed to walk away from the excess of Wall Street. That’s when I joined Banyan Hill in 2017. Now I help readers get ahead of the market and build their retirements.