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Why Apple Announced a 4-for-1 Stock Split

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In a time of worry and economic hardship, FAANG stocks, such as Apple, have been performing extremely well. On July 30th, Apple announced its third-quarter earnings, which blew out analysts’ expectations. According to a press release by Apple, the company saw a revenue of $59.7 billion, an 11% increase year-over-year, and diluted earnings per share […]