A 224-Year-Old Wall Street Stalwart Just Announced a Reverse Stock Split -- and It's Truly a Head-Scratcher

2026-06-02 07:26:00 ET

Although the rise of artificial intelligence has hogged most of the glory, it's not the only trend that's been piquing investors' interests in recent years. Euphoria concerning stock splits in brand-name businesses is another big-time catalyst for equities on Wall Street.

While a handful of prominent stock splits have already taken shape this year , including forward splits for online travel site Booking Holdings and e-commerce-based used-vehicle retailer Carvana , it's the recently announced reverse split from 224-year-old specialty chemicals company DuPont (NYSE: DD) that's a true eye-opener and head-scratcher.

Image source: Getty Images.

Continue reading