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Million Whys
Brokerages like Charles Schwab now let you buy a slice of an S&P 500 company for as little as $5, so why does a stock split still get described as the way to make an expensive stock accessible?
Fractional shares are only a temporary promotion and will be phased out
Fractional shares already provide small-dollar access, so a split is no longer the only path
A split lowers the company's valuation, making it genuinely cheaper to own
