Stock Split Watch: Is This E-Commerce and Fintech Pioneer Next? - Nasdaq
Quick Read
While it doesn't change the robust fundamentals of the company, there's one compelling reason a stock split might make sense in this case.
Why a stock split might make sense
When a company executes a stock split, it doesn't change anything about the fundamentals of the business, at least not in any real sense.
For example, if the company were to enact a 10-for-1 stock split, for each share of MercadoLibre stock held by investors -- currently trading at roughly $920 per share -- post-split, shareholders would own 10 shares worth $92 each (10 x $92 = $920).
A stock split tends to communicate to shareholders that management is confident that the business -- and ultimately the stock price -- will continue to grow.
In the case of MercadoLibre, however, there's another reason why a stock split might make sense.
Given the consistent and robust growth of its business -- particularly in the face of macroeconomic headwinds -- investors should seriously consider buying shares of MercadoLibre stock, even if the company isn't the next one to enact a stock split.
After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.
The Original Article can be found on
Nasdaq
Why Nvidia, Shopify, and Palantir Stocks Slumped Wednesday Morning - The Motley Fool
What happened In many ways, 2022 has been a year like no other, as investors and consumers alike have been looking for signs that the macroeconomic headwinds might eventually ease …

Retail Apocalypse Reversal? - Practical Ecommerce
Lessons learned from digital commerce and the software-as-a-service business model could be just the thing to transform the long-running retail apocalypse into a renaissance. As a …

Why Shares of Shopify, PayPal, and Appian Are Surging Higher Today - The Motley Fool
What happened Shares of some growth stocks were spiking today as the broader market indices jumped. Some investors appear to be hopeful that the market has finally reached its bot …

Why Shares of Shopify, PayPal, and Appian Are Surging Higher Today - Nasdaq
What happened Shares of some growth stocks were spiking today as the broader market indices jumped. Some investors appear to be hopeful that the market has finally reached its bot …

A Deep-Dive Into Shopify's Long-Term Potential (NYSE:SHOP) - Seeking Alpha
JHVEPhoto The recent destruction in tech stock valuations has not spared e-commerce giant Shopify (NYSE:SHOP), which is down 84% from its peak in November 2021. While the stock co …
