Success can come with its downsides, such as a higher stock price. Recently, companies like Chipotle, Nvidia, MercadoLibre, Booking Holdings, and Regeneron have seen their stock prices soar to levels that may warrant a stock split.
MercadoLibre, often referred to as the Amazon of Latin America, has a diverse range of services beyond e-commerce. With a stock price of $1,631 per share, a stock split may be on the horizon to make it more accessible to investors.
Booking Holdings, a travel platform company, has seen solid financial results despite disruptions caused by the pandemic. With a stock price of $3,801 per share, a stock split could be beneficial to attract more investors.
Regeneron, a leading biotech company, has seen its stock price rise to around $994 per share. With promising new products in its pipeline, the company is well-positioned for continued growth.
For investors interested in these companies but unable to afford a full share, many brokerages now offer fractional shares for a fraction of the price. This allows investors to participate in the success of these companies without waiting for a stock split.
It’s worth noting that none of these companies have conducted a forward stock split before, but with their strong performance, it’s a possibility in the future. In the meantime, investors have the option of buying fractional shares to get in on the action.
Disclosure: John Mackey, former CEO of Whole Foods Market and an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Prosper Junior Bakiny has positions in Amazon. The Motley Fool has positions in and recommends Amazon, Booking Holdings, Chipotle Mexican Grill, MercadoLibre, and Nvidia. The Motley Fool has a disclosure policy.