anyone else seeing some chatter about apple doing some apple splits in maybe the next 6 months. You know whats better than 100 apples? 600 apples!
I heard something about this.
I read that because Kraft is spliting its grocery business off, it is not strong enough to stay on the Dow. Apple would be a viable replacement but due to Apple's $600+ share price, it would make up 25% of the index's value. The article said that a 10:1 split would put apple at the right price to be added to the Dow. LINK