stock splits News & Analysis
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Market Mood
Microsoft (MSFT) Stock Certificate Value Up To $60,000 Confirmed
Joe found a framed stock certificate good for one share of Microsoft (MSFT) stock dated March 10, 1990. Due to stock splits, this single share could have transformed into 144 shares valued at approximately $60,000 today. It's noted that stock trading has shifted largely to electronic means since around 1970, making such certificates rare. Joe's case highlights that older stock certificates could still hold value despite potential changes in trading status.
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Broadcom (AVGO) Joins $2 Trillion Club, ETF Holdings Increased
Broadcom (AVGO) has attained a market capitalization of at least $2 trillion, joining a select group of companies that includes Nvidia, Alphabet, and Apple. Following stock splits on April 21, Broadcom is a top holding in four out of five Vanguard ETFs. On April 22, the stock reached an all-time high amid a general market rally. Its strong AI chip and networking business contribute to accelerating earnings growth, aiding its strategy of consistent stock buybacks and regular dividend increases.
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