All tagged Stock market
Stock splits are a funny thing.
The fact of the matter is that when they are announced, the underlying fundamentals of the company haven’t changed and, if you happen to be an investor at the time (and when they actually occur), the value of your holdings hasn’t actually changed either.
"We're a technology company that happens to be in Home Loans."
I heard a CEO say this on TV recently and I have to say, it irked me. Is that what his company did? They delivered ‘technology’? What the hell does that mean? Isn’t tech a means to an end, and not the end in and of itself? Does his company exist to knit together bits and bytes and provide hardware or software?
