"Splits matter - because these stocks outperform after the announcement, by a lot. Average returns one year later are 25% vs. 12% for the S&P 500 SPX as a whole, say researchers at Bank of America."
If You Bought 1 Share of Alphabet Stock at Its IPO, Here's How Many Shares You Would Own Now | The Motley Fool
When Alphabet launched its IPO, it faced considerable regulatory pressure, forcing a price adjustment. With resilience, it evolved into a dominant player in digital advertising.