Re:Berkshire Hathaway’s stock price is too high for Nasdaq c...
by ashtonkem on Wednesday May 05, 2021 @01:59AM
(#27046686)
Generally, yes. Most companies will go through splits long before that, turning every share outstanding into two or more shares (usually with half the value) on a predetermined date. Having a very high stock price is actually kind of inconvenient, as it makes it hard for random day traders to afford.
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Re:Berkshire Hathaway’s stock price is too high for Nasdaq c...
by throwaway2037 on Wednesday May 05, 2021 @03:53AM
(#27047270)
To be clear: "random day traders" are retail with small balance. Institutional players absolutely do not care about stock price. It is notional (or delta) that matters.
Samseong in Korea also had (has?) a huge stock price that used to cause issues.