"VeriSign's stock price has surged by 70% over the past year, reaching above $280 per share, prompting speculation about a possible stock split."
"With a potential stock split on the horizon, investors should note that splits lower the price of options contracts, making shares more accessible."
As VeriSign's stock price climbs past $280, speculation about a potential stock split intensifies. Splits can make stocks more affordable for investors and lower options contract prices. Given its recent 70% price rally, investors are closely watching VeriSign, noting that it is a significant player in cybersecurity and maintains critical internet infrastructure. While options like a 5-for-1 or 7-for-1 split are possible, a more intense split like Supermicro's 10-for-1 seems unlikely at this time. Investors are encouraged to be mindful of these developments before investing.
Read at 24/7 Wall St.
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