Why do investors like stock splits?
Could you please elaborate on the reasons why investors tend to favor stock splits? I'm curious to understand the attraction behind this practice. Do stock splits generally lead to positive outcomes for shareholders? If so, what are the specific benefits that investors seek from stock splits? Additionally, how does a stock split typically impact a company's valuation and market perception? I'm also interested in knowing if there are any potential risks or drawbacks associated with stock splits that investors should be aware of. Thank you for shedding some light on this topic.