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Business Stock Market

Why would a public company want to split it’s stock?

Get share price down, for public companies. Still an issue today. Apple at $1000+ makes each share hard to buy for smaller investors.

Match a typical IPO share price, pre-IPO. Start-ups still like to IPO around $15-20 per share, plus or minus. This gives room for a “pop” and a share price still well under $100. If your private, pre-IPO share price is say $40, then a 2-for-1 forward split will get that down to $20, with the same economics for each shareholder and employee.

Apple and Tesla are both splitting their stock at present. This is to really drive some demand with smaller investors and allows them to have ownership over a great number of full stocks.

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Business Tech

Nutanix Shares Jump as Bain Capital Invest $750 million and Dheeraj Pandey Announces Retirement

Nutanix shares have jumped nearly 30% as Bain Capital announce that they are investing $750 million in the company.

Nutanix is a very interesting cloud software giant that has an amazing future. However, its CEO and co-founder Dheeraj Pandey has announced that he is retiring soon.

“There is no better time for me to make this transition to a new leader who can guide Nutanix through its next decade of growth and success,” Pandey said in a statement.