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Walmart (WMT -0.20%) investors woke up to three times the number of shares they had on Friday after the company executed a 3-for-1 stock split.

In this video, Travis Hoium explains why Walmart is splitting the stock and why the market is excited, even if it doesn't technically mean any value is added for investors.

*Stock prices used were end-of-day prices of Feb. 25, 2024. The video was published on Feb. 25, 2024.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has positions in Berkshire Hathaway. The Motley Fool has positions in and recommends Berkshire Hathaway and Walmart. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Walmart Stock Quote
Walmart
NASDAQ: WMT
$111.85
(-0.20%)-$0.22
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Berkshire Hathaway Stock Quote
Berkshire Hathaway
NYSE: BRKA
$780,085.97
(-0.75%)-$5,914.03

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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Walmart's 3-for-1 Stock Split Is Here: Here's What to Expect | The Motley Fool