News Snapshot:
Guarantees are virtually nonexistent on Wall Street... with the exception of volatility. Short-term movements in the stock market's major indexes are consistently unpredictable. During periods of heightened volatility (especially to the downside), it's not uncommon for investors to seek the safety of industry-leading businesses that have historically outperformed the benchmark S&P 500. Although the FAANG stocks have been popular with investors for years, companies enacting stock splits have been drawing a bigger audience during periods of uncertainty. Image source: Getty Images. A "stock split" is an event where a publicly traded company alters its share price and outstanding share count...