Sat, Dec 12, 2020 5:55 PM
Premium on Burger King shares in grey market jumps to 75% ahead of listing
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Forward stock splits usually follow significant share-price appreciation, which rarely happens to inferior companies. For that reason, many investors see stock splits as roundabout indicators of quality. But the price appreciation (not the subsequent split) is where investors should focus. Shares of Microsoft (NASDAQ: MSFT) and Intuit (NASDAQ: INTU) soared 541% and 437%, respectively.
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Nvidia (NASDAQ: NVDA) CEO Jensen Huang and his wife Lori recently attended the groundbreaking of a new research facility they helped finance (and which will be named in their honor) at the couple's alma mater, Oregon State University (OSU). In a subsequent discussion with OSU president Jayathi Murthy, Huang said, "We're at the beginning of a new industrial revolution.
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3M (NYSE: MMM) has been a dividend stalwart. The industrial conglomerate has paid dividends to its shareholders for over a century without interruption and has raised its payout annually for more than 60 straight years. The company's dividend-growth streak currently qualifies it as a Dividend King, a term for companies that have increased their payouts for at least 50 years in a row.
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