Video game specialist Nintendo (OTC: NTDOY) (OTC: NTDOF) just announced a stock split. In most cases, I would tell you that the split won't make much of a difference to investors.
However, this one is different. Nintendo's stock split will make its shares much more accessible to people buying the original shares on the Tokyo stock exchange.
On Tuesday, Nintendo's board of directors set up a 10-for-1 stock split. The move will take place over the weekend of October 1, 2022. This is the first split in Nintendo's history.
For further details see:
Nintendo Stock Split: The Real Reason It Matters