CFO.com discusses the attempts made by some small companies to spark interest with ridiculous stock splits.
Investors have been reeling lately over the volume of opportunistic stock splits--and we aren't talking the usual twofers. Many small companies have been trying to influence market interest with splits that range anywhere from a modest 4-for-1 (Rambus Inc.) to a middling 15-for-1 (stereoscape.com) to a dizzying 100-for-1 (Biofiltration Systems Inc.). But can the companies involved expect any measurable benefits from splits?