Kroger, Netflix Fail to Revive S&P 500’s Dwindling Stock Splits
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Netflix Inc. and Kroger Co. are going against a trend among companies in the Standard & Poor’s 500 Index by planning stock splits, according to Ana Avramovic, a U.S. strategist at Credit Suisse Group AG.
As the attached chart illustrates, splits have occurred much less often in U.S. stocks’ current six-year bull market than they did in the previous two advances, in 1995-2000 and 2002-2007. The chart is based on figures compiled by Credit Suisse and presented in a report two days ago.