5 things you need to know about Apple’s big stock split

Apple shares will open under $100 for the first time in years on Monday, but don’t panic. As the company announced alongside its fiscal second-quarter earnings back in April, Apple is splitting its stock for the fourth time in the company’s history. The huge 7-for-1 split is obviously quite atypical and it will bring Apple’s share price from the $640-range down to the $90-range. But there’s plenty more to this story, and the Associated Press has put together a simple list containing 5 key things you need to know about Apple’s split. First and perhaps most importantly, Apple’s 7-for-1 split could attract new investors. Apple’s expensive share price likely kept many potential investors at bay, but a stock in the

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