Stock-Split Watch: Is ASML Next?
ASML Holding (NASDAQ: ASML) is one of the most important companies in the semiconductor ecosystem, but its shares have underperformed the broader sector over the past three years.
The 189% jump in ASML stock during this period has been eclipsed by the 247% jump in the PHLX Semiconductor Sector index. Moreover, each share of ASML now trades at more than $1,600. This is the reason why I think ASML management could undertake a forward stock split to make the stock more attractive.
Let’s look at the reasons why ASML could become the next tech company to go for a stock split.
Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.