Stocks Are Getting Pricier as S&P Soars, Fewer Firms Do Splits
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You can add stocks to the seemingly endless list of things that cost a lot more these days.
The average share price in the S&P 500 Index has surged 24% to $209 this year, thanks to big gains from some of the highest-priced shares like Alphabet Inc. and Chipotle Mexican Grill Inc. That’s outpaced the 21% gain achieved by the benchmark, according to data compiled by Bloomberg.