Shares of tech giant Apple Inc. (NASDAQ: AAPL) and electric automaker Tesla Inc (NASDAQ: TSLA) are both trading at a split-adjusted basis and experts are mixed on the move. ‘Smart move’ Apple and Tesla deserve credit for a “smart move” at the “right time” in splitting their respective shares, Wedbush analyst Daniel Ives told CNBC. Both companies face notable catalysts in the coming months and are operating from a position of strength. Apple faces a potential “supercycle” ahead of its anticipated new smartphone launch while Tesla continues to expand its customer base, the analyst said. The split can be seen
Full ArticleApple, Tesla stock splits take effect: so what?
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