Stock splits have dried up — why that’s not good for the market

Mark Hulbert
Stock splits have dried up — why that’s not good for the market

Bad news, stock market bulls: Hardly any companies are splitting their shares. Consider: In 1997, 102 companies in the S&P 500 (SPX) split their shares, according to an analysis conducted by Charles Schwab. This big of a drop might make sense if we were in the throes of a severe bear market.