2024-06-08 04:03:00 ET
Stock splits have been all the rage in recent years and have become a calling card among many of the market's most successful companies. The group of stocks collectively known as the " Magnificent Seven " has handily outperformed the S&P 500 since the start of last year.
Here's how the member companies have performed since the beginning of 2023:
Stock splits are historically preceded by a long period of strong business and operating performance, which gives rise to a surging stock price.
For further details see:
Meet the Only "Magnificent Seven" Stock That Has Never Had a Stock Split. That Could Be About to Change.