Why public companies do stock splits

Nvidia (NVDA) has announced a 10-for-1 stock split following its first quarter earnings beat. Historically, companies that undergo a stock split tend to outperform the S&P 500 (^GSPC), according to research by Bank of America. A stock split aims to make the shares more accessible to a wider range of investors.
Yahoo Finance's Julie Hyman and Jared Blikre shed light on the benefits of stock splits for companies.
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