Three high-profile businesses -- two of which have never split before -- appear primed to become Wall Street's next forward stock split.
Though artificial intelligence (AI) is the hottest thing since sliced bread on Wall Street, it's not the only trend that's captivated the attention and capital of investors. Euphoria surrounding stock splits has also played a key role in sending the market's major indexes higher.
A stock split is a tool publicly traded companies have available to cosmetically alter their share price and outstanding share count by the same factor. These changes are superficial in the sense that they don't impact a company's market cap or its operating performance.
While a split can increase or decrease a company's share price, investors approach these actions very