Apple Shares Rise as Trading Begins Following Four-for-One Stock Split

Apple's four-for-one stock split takes effect today, with the company's share price dropping from roughly $500 to around $125 as of the start of trading this morning.

aapl post split
The strong rise in Apple's stock price over the past five months has continued today, with shares trading nearly 3% higher in the first few minutes of trading. Apple shares have pared their gains since then, but are still up around 2% today.

Apple's overall market value of over $2 trillion is unaffected, as investors received three additional shares for every share of Apple stock they previously owned.

Tag: AAPL

Top Rated Comments

cmaier Avatar
29 months ago

It’s literally a no-brainer to buy Apple stock. It’s like a guaranteed success.
I recommend investing in tulips. They’ve always done so well.
Score: 12 Votes (Like | Disagree)
Blackstick Avatar
29 months ago
Worked at Apple for 7 years... since then, I've been with a public corp that sold itself to go private, but no company has equaled the portfolio performance that Apple stock has given me - paid for almost my entire house in cash because of them.
Score: 12 Votes (Like | Disagree)
jaworskimatt Avatar
29 months ago
Very excited to see where my mere 200 shares (post split) will go ?
Score: 6 Votes (Like | Disagree)
magicschoolbus Avatar
29 months ago
With all of these new product announcements, 5g iPhones, Apple Silicone, iPad Air..this is a steal of a price.. Apple sales on this new hardware is going to be through the roof..
Score: 5 Votes (Like | Disagree)
newyorksole Avatar
29 months ago
It’s literally a no-brainer to buy Apple stock. It’s like a guaranteed success.
Score: 5 Votes (Like | Disagree)
Carnegie Avatar
29 months ago

What exactly is the point of stock splits in 2020 when we have fractional shares? Wasn't the point of stock splits to make them more affordable so more people could buy them, thus increasing their perceived value and making them a bit more liquid? All of that is kind of no longer relevant with fractional shares that most retail brokerages have adopted. Anyone care to educate me and correct me?
This split was most likely motivated by the way the Dow Jones Industrial Average works. It's based on share price, not market cap. You add up the share prices of all the (30) Dow components, then divide by the DJIA divisor and that gives you the DJIA. When a Dow components' share price gets high in comparison to the other components' share prices, it has an outsized effect on the DJIA. Apple's share price was getting pretty high compared to the other Dow components, so it was split. When that happens, the DJIA divisor is adjusted so that the DJIA would be the same, based on the new share price, at the time of the split as it was before the split.

I'm not sure what the new DJIA advisor is after this adjustment, but it's something like .15 (with a bunch of digits after that). Previously Apple's share price represented more than 10% of the DJIA, now it represents around 3%.
Score: 4 Votes (Like | Disagree)

Popular Stories

Cyber Monday Deals Feature 2022

Best Cyber Monday Apple Deals Still Available for AirPods, Apple TV, iPad, and More

Monday November 28, 2022 5:24 am PST by
The Black Friday and Cyber Monday holiday shopping rush is drawing to a close, but there are still some good deals to be had out there. For Apple products, many of the deals you've seen since last week are still available, though some have expired. So for anyone who missed out on Black Friday deals, there's still an opportunity to get some of the year's best prices on many Apple devices. Note: ...
iPhone 14 Pro Rear Camera

iPhone 15 to Use 'State-of-the-Art' Image Sensor From Sony for Better Low-Light Performance

Monday November 28, 2022 11:00 am PST by
Apple's upcoming iPhone 15 models will be equipped with Sony's newest "state of the art" image sensors, according to a report from Nikkei. Compared to standard sensors, Sony's image sensor doubles the saturation signal in each pixel, allowing it to capture more light to cut down on underexposure and overexposure. Nikkei says that it is able to better photograph a person's face even with...
Apple Watch Ultra Oceanic Plus App

Apple Announces Oceanic+ App Now Available for Apple Watch Ultra

Monday November 28, 2022 6:11 am PST by
Apple today announced that the Oceanic+ app is available for the Apple Watch Ultra starting today. Designed by Huish Outdoors in collaboration with Apple, the app serves as a dive computer for recreational scuba diving at depths up to 40 meters/130 feet. Apple already offers a basic Depth app on the Apple Watch Ultra for viewing your current depth, maximum depth reached, water temperature,...
app store awards 2021

Apple Announces 2022 App Store Award Winners, Highlighting Best Apps of the Year

Tuesday November 29, 2022 3:10 am PST by
Apple today announced its 2022 App Store Award winners, highlighting the 16 best apps and games selected by Apple's global App Store editorial team. The top apps were chosen by Apple for their quality, innovative technology, creative design, positive cultural impact, and ability to deliver "exceptional experiences." Apple CEO Tim Cook said: This year's App Store Award winners reimagined...
rapid security response

Apple Releases Another Rapid Security Response Update for iOS 16.2 Beta Users

Monday November 28, 2022 10:16 am PST by
Apple today released a Rapid Security Response update that is available for those running the iOS 16.2 beta, marking the launch of the second RSR update since the feature was released in iOS 16. The Rapid Security Response Update is designed to provide iOS 16.2 beta users with bug fixes without the need to install a full update. The initial RSR release for iOS 16.2 beta users was a test with ...
twitter elon musk

Elon Musk Claims Apple Has 'Mostly Stopped' Offering Ads on Twitter and Is Making Moderation Demands

Monday November 28, 2022 10:42 am PST by
Apple has cut back on its Twitter advertising, according to Twitter CEO Elon Musk. In a tweet, Musk said that Apple has "mostly stopped" its Twitter ads, asking if Apple hates "free speech." Musk went on to publish a poll asking if Apple should "publish all censorship actions" taken that impact customers and he began retweeting content from companies that Apple has had moderation discussions ...
iphone 11 tesla cybertruck close up

Elon Musk Pledges to Build iPhone Rival If Apple Ousts Twitter

Tuesday November 29, 2022 2:48 am PST by
Elon Musk has pledged to offer an "alternative phone" if Apple and Google remove Twitter from their app stores, adding to long-standing rumors about an iPhone rival from Tesla. Modified iPhone 11 Pro in the style of the Tesla Cybertruck, by Caviar. Musk's remark came after being asked about the potential scenario of Twitter being removed from app stores, which could conceivably happen if the...
General Black Friday Deals 2022 Green

All the Apple Black Friday Deals You Can Still Get

Friday November 25, 2022 4:40 am PST by
Although Black Friday is now technically over, many Apple products are still seeing major discounts through the weekend as we head into Cyber Monday. In this article, you'll find every Apple device with a notable Black Friday sale that's still available. We'll be updating as prices change and new deals arrive, so be sure to keep an eye out if you don't see the sale you're looking for yet. Note:...