Financial Accounting Blog

Tuesday, December 16, 2003 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 ( to a dizzying 100-for-1 (Biofiltration Systems Inc.). But can the companies involved expect any measurable benefits from splits?