Stock-Split Watch: Is C3.ai Next?
The company's software helps developers build AI applications and reduce the time needed to write code. Why would a company undergo a stock split? Well, there are a few reasons, but the big one has to do with bringing the share price up or down for a strategic reason. Let's say some high-growth AI company just went on a massive run, and now their stock price trades for more than $1,000 per share. That might look daunting to retail investors, so a company would conduct a stock split to lower the share price ...