Walmart's 3-for-1 Stock Split Is Here: Here's What to Expect

By Travis Hoium – Feb 26, 2024 at 2:54PM

NYSE: WMT

Walmart

Market Cap

$485B

Today's Change

(-0.08%) -$0.05

Current Price

$60.16

Price as of April 26, 2024, 4:00 p.m. ET

Walmart's stock split is complete. Here's what it means.

Walmart (WMT -0.08%) 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.

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.