Market Overview

Google Stock Split is "Founder Friendly," Helps Company Long-Term

Yesterday after the close, Google declared a 2 for 1 stock split, prompting concerns from some and praise from others.

"We think this is a good move," Trip Chowdhry, the Managing Director of Equity Research at Global Equities Research, said in an e-mail update on the stock. Chowdhry outlined the following five reasons why he thinks the stock split was a smart decision:

  1. "Makes Google (NASDAQ: GOOG) stock for affordable to some investors."
  2. "Increases liquidity in stock."
  3. "Attracts more investors to the stock."
  4. "Is founder friendly, and helps company to be better position itself for the long-term."
  5. "Long-term investors will benefit from this move."

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Posted-In: Global Equities Research Trip ChowdhryAnalyst Color Analyst Ratings Tech Best of Benzinga

 

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